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 ...

Alan Greenspan may trace the idea that markets fix themselves back to Adam Smith, but what would Smith himself say? Return to the documentary, Capitalism for the look at the moral philosophy of the ...

The term "invisible hand" first appeared in Adam Smith's famous work "The Wealth of Nations" to describe how free markets can motivate individuals, acting in their own self-interest, to produce ...

How far back can one trace the origin of an idea? Economist Adam Smith’s “invisible hand” may have hidden roots that stretch back to the days of nomadic hunting and gathering. Readers of ...

This year marks the 300th anniversary of Adam Smith ... Born in June 1723, Smith went on to explain how the “invisible hand” of the market worked as people exercised their choices between ...

June 5, 2023 is marked as the birth tercentenary of Scottish Philosopher Adam Smith ... draws attention to the famous Smith attribution of “invisible hand” but instead calls it “artificial ...

A portrait of Adam Smith ... the very essence of capitalism: the invisible hand, self-interest, the division of labor, free markets, and free trade.1 Yet Smith was also a moral philosopher.

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.