Learn about the "invisible hand," a key economic concept introduced by Adam Smith, and its implications in free markets.

Adam Smith was a philosopher and economic theorist born in Scotland in 1723. He's known primarily for his groundbreaking 1776 book on economics called "An Inquiry Into the Nature and Causes of the ...

Given this zeitgeist, a book on the moral philosophy of Adam Smith is timely indeed. While Smith may be the founder of modern economics, he was first and foremost a professor of moral philosophy. Yet ...

The book has enlivened the study of economics for beginning students for more than 40 years. Adam Smith published his Inquiry into the Nature and Causes of the Wealth of Nations in 1776 ...

Adam Smith is commonly regarded as the father of modern economics. Free traders claim ... self-sufficiency with the very first law on the books of the very first Congress. The founders were ...

At the very beginning of the industrial revolution, Smith pointed out not only slavery’s vanities and vices, but its economic contradictions. That’s the subject of the November Adam Smith 300 ...

Kelley, Reprints of Economic Classics series, 1966 [1894] Bonar, James Philosophy and Political Economy in Some of Their Historical Relations, New Brunswick, NJ: Transaction Books 1992 [New York: ...

Adam Smith labeled the machine the “invisible hand.” In The Wealth of Nations, published in 1776, Smith, widely considered the father of economics, emphasized the economy’s self-regulating nature—that ...

I have the impression that Roy Grieve is not convinced – “unfazed”, as he might say- by the response I gave (Peach 2020) to criticisms he made (Grieve 2019) of an interpretation of Adam ... and as ...