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

Matson earned his PhD in economics from George Mason University and his research focuses on eighteenth-​century British moral ...

The book has enlivened the study of economics for ... their savings. But Adam Smith did not approve of accumulation for accumulation's sake. He was, after all, a philosopher, with a philosopher's ...

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 ...

but its economic contradictions. That’s the subject of the November Adam Smith 300 essay, written by Ryan Hanley of Boston College. What makes Smith’s philosophy of living any more worth our ...

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, ...

This article critically examines Donald Trump’s economic agenda through the theoretical framework of classical liberalism.

One framework for understanding markets is the invisible hand theory, an idea proposed by economist Adam Smith that illustrates the hidden, self-interested forces behind people's economic choices.