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

The invisible hand is a concept that was coined by economist Adam Smith to illustrate hidden ... These are the two most famous quotes from Smith's long book." Smith adds that people act with ...

Scottish political economist Adam Smith (1723 – 1790 ... But Norman rightly quotes Smith’s broad line, that “Nothing … can be more absurd than this whole doctrine of the balance of ...