In which Professor Smith explains that it is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self interest; why we are all better off as a result; and how many people today still don’t get that obvious point!

In which Professor Smith explains to King George III the folly of his colonial policy and how real source of a nation's wealth lies not in gold but in the productive capacity of its people.

The new head of the NEF - now that Ms. Fanbulleh is in Parliament - takes to The Guardian to tell us all off: According to the latest count by the Office for National Statistics, 38% of all turnover of non-financial businesses in Britain went through foreign owned companies…

With the government’s tax on private school fees now firmly in place, we can see whether the official forecasts are true or false. Schools have started to shutter, fees have risen by 14%, not the forecast 10%.

By now it looks all but certain that Chancellor Rachel Reeves will be announcing significant cuts to welfare in the Spring Statement in late March.

In which Professor Smith explains the huge productivity gains to be had from specialisation and free exchange in the marketplace.

Not that we would make such an accusation against one so eminent as our own Foreign Secretary: However, a more radical option is now being considered that could solve Europe’s rearmament crisis overnight.

The idea sounds superficially attractive. No more national wars or territorial grabs.

In which Professor Smith points out the cost and absurdity of subsidising home production when you can buy the goods you want far more cheaply from other countries.

This is presented as a grand problem: Foreign exporters – chiefly China – will race to offload stock they can no longer sell competitively in the US, possibly undercutting British producers.