Recent Events
Nobel Laureate Paul Milgrom delivered the REL/SUP/PKP lecture at the MGTA Summer
School in Rome, June 17-19, 2026.
The fourth edition of the summer school Markets and Government: a Theoretical Appraisal (MGTA) took place in Frascati (Rome). The topic of the summer school is “Property, Incentives and Conflict”.
The schools aim was to offer a critical review of the foundational topics in the discipline. It alternated traditional lectures by academics who have contributed to different areas of contemporary economic theory, with discussions around the presentation of recently published books.
A distinguishing feature of the school is its interdisciplinary approach, which provides an opportunity to contrast contemporary economic theory with recent developments in political philosophy and political science, as well as to gain insights from history.
This edition of the summer school, co-organised and sponsored by the University of Tor Vergata, the EconTribute Cluster of Excellence, the Toulouse School of Management and Reviews of Economic Literature/Stanford University Press/Public Knowledge Project was another wonderful success with over 120 participants.
Nobel Laureate Paul Milgrom delivered the REL/SUP/PKP lecture.


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The Legacy of Adam Smith
Workshop | 22 June 2026 | Edinburgh
The year 2026 marks the 250th anniversary of the publication of Adam Smith’s most influential work, An Inquiry into the Nature and Causes of the Wealth of Nations (1776). Smith is also widely understood to have regarded his earlier book, The Theory of Moral Sentiments (1759), as his superior achievement. In recent years, The Theory of Moral Sentiments has attracted renewed scholarly attention, particularly for its analysis of sympathy, an idea with clear affinities to contemporary discussions of empathy and well-being.
To mark this anniversary, we convened a one-day academic workshop in Edinburgh on 22 June 2026 dedicated to assessing Smith’s intellectual legacy. We invited submissions from economists and economic historians that engage substantively with The Wealth of Nations, The Theory of Moral Sentiments, or both.
Authors presenting at the workshop were invited to submit revised and complete papers to Reviews of Economic Literature (REL). Following a full refereeing process, accepted papers will be considered for inclusion in a special topics section entitled The Legacy of Adam Smith.
The workshop was held at the Library of Mistakes in Edinburgh’s New Town. The programme allowed participants to visit sites associated with Smith, including Panmure House, where he worked on The Theory of Moral Sentiments, and his grave in the Canongate Kirkyard.
There will be more information posted soon on how this wonderful event unfolded but in the meantime, you are welcome to contact either of the organisers:
Professor Les Oxley
University of Waikato, New Zealand
https://profiles.waikato.ac.nz/les.oxley
Professor Eoin McLaughlin
Heriot-Watt University, Edinburgh
https://www.hw.ac.uk/profiles/uk/school/ebs/faculty/eoin-mclaughlin