Adam Smith published his Inquiry into the Nature ... In Smith's panegyric of a free and unfettered market the rising industrialists found the theoretical justification they needed to block the ...

Some, people think the free market should be left alone ... Who coined the term "invisible hand" and in what context? Adam Smith is generally considered to have coined the term invisible hand ...

As Adam Smith ... on how production is organized. In liberal market economies, the competitive market is prevalent and the bulk of the production process takes place in a decentralized manner akin to ...