Picks and Pans Review: Adam Smith's Money World
updated 08/12/1985 AT 01:00 AM EDT
•originally published 08/12/1985 AT 01:00 AM EDT
Unlike the rest of the financial shows, Smith's doesn't dwell on numbers or news. An author and magazine columnist, he takes one topic a week and explains it well. One episode this year took on corporate raiders like T. Boone Pickens. This particular show got a little too cute—pasting the heads of the raiders on the bodies of Wild West gunslingers. And it's too bad Smith didn't stand farther back to ask what corporate raiding does not only to stockholders but also to employees and consumers. But he did make a complex business topic understandable, as he has with plenty others: Japanese trade, the deficit, the cost of health care, farming, banking, biotechnology, real estate investing, taxes and many more.