Adam Smith balked at restraints on free trade ‘either by high duties, or by absolute prohibitions’. The return of high ...

Scottish political economist Adam Smith (1723 – 1790). Original Artwork: Drawing by J Jacks and engraved by C Picart from a model by Tassie. (Photo by Hulton Archive/Getty Images) Adam Smith ...

A modern student writes about the pioneering Scottish philosopher and economist. Smith once fabricated ... That’s the subject of the November Adam Smith 300 essay, written by Ryan Hanley of ...

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

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.

As to the administration of justice, Smith says that the duty of the government is to protect “as far as possible, every member of the society from the injustice or oppression of every other member of ...

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 ...

Why? Not because of the generosity of butchers and wine makers, but thanks to their pursuit of their respective profits, according to Adam Smith (1723-1790), the famed Scottish economist and “Th ...

James Price is a senior fellow at the Adam Smith Institute Scottish political economist Adam Smith (1723 - 1790). Original Artwork: Drawing by J Jacks and engraved by C Picart from a model by Tassie.