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

"Smith Adam." Microsoft Encarta Encyclopedia 2001 ... had propounded in his lectures and published them in his first major work, Theory of Moral Sentiments (1759). In 1763 he resigned from ...

Adam Smith has long drawn inspiration from the island and found the serenity needed to create on its sandy shores and in its ...

Does the world really work this way? To a very real degree it did in the days of Adam Smith. Business was competitive ... the great panorama of the market remains as a major achievement.

The concept of the invisible hand is often credited to economist Adam Smith, as the term appeared in his 1759 work, "The Theory of Moral Sentiments," and again in "The Wealth of Nations" in 1776.