Adam Smith defined how we think about free markets. His guiding principle was, famously, the invisible hand – a mystical ...

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 taught us that trade is not a zero-sum game 250 years ago. Trump may not have read his Wealth of Nations, but the ...

The invisible hand is a concept that was coined by economist Adam Smith to illustrate hidden economic forces. The invisible hand is a metaphor that describes the unseen forces of self-interest ...

Adam Smith, economist and author, The Theory of Moral Sentiment, believed that individuals, acting in their own self-interest, unintentionally benefit society as a whole. Greed, a more accurate ...

Anne Bradley writes about her experience teaching economics to college students. Our students need Smith now perhaps more than ever. Exploring the relationship between Adam Smith’s thought and ...

Adam Smith published a book entitled "The Wealth of Nations", and he became viewed as, and is still regarded by some as the father of modern economics, and ...

Richard Rahn: The president’s plan could work, but the likelihood is it won’t work the way he hopes. Ever since Adam Smith ...

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The term political economy was widely used for the field we now call economics. Adam Smith, John Stuart Mill, and Jean-Jacques Rousseau all used the term to describe their theories. Economy was ...

Book of the Week. An engaging account of the life, times and legacy of Adam Smith marking 300 years since the birth of the Scottish economist. Read by Robin Laing.