But by the end of the 19th century, the industrial social-economic order that tariffs helped foster were quite different from ...

The 18th-century Scottish philosopher Adam Smith is credited with writing the first great work on political economy. His treatise "The Wealth of Nations" describes the evolution and political ...

Adam Smith taught us that trade is not a zero-sum game 250 years ago. Trump may not have read his Wealth of Nations, but the rest of the world now must, says James Price Much ink has been spilled ...

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 ...

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.

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 ...