The invisible hand is a concept introduced by economist Adam Smith. It refers to the self-regulating nature of markets where ...

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 ...

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 ...

Economists have long helped to shape policy on issues like taxes and health care. But flawed forecasts and arcane language ...

The concept of the invisible hand is one of the many contributions of the legendary Scottish philosopher and economist Adam Smith. In his book The Wealth of Nations, Smith wrote of a person who ...

A rare book annotated by Scottish philosopher and economist Adam Smith is to go on display in his home town in Fife. The book by philosopher John Locke, Two Treatises of Civil Government ...

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.

The essential feature of capitalism is the motive to make a profit. As Adam Smith, the 18th century philosopher and father of modern economics, said: “It is not from the benevolence of the butcher, ...

The historical character featured on the note is Adam Smith (1723-1790), one of the fathers of modern economics. The note quotes his famous example of workers in a pin factory, which demonstrated ...