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Adam Smith. Father of capitalism. Coined "the invisible hand." Wrote the oft referred to but rarely read, "Wealth of Nations." He was also a deeply odd guy who mumbled to himself in public ...
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.
Adam Smith defined how we think about free markets. His guiding principle was, famously, the invisible hand – a mystical ...
The author is an economic columnist and CEO of Geuljaengi.Inc. Adam Smith, the founding father of economics, mentioned the “invisible hand” only once in “The Wealth of Nations” (1776).
Our President is biting Adam Smith’s Invisible Hand—hard. Adam Smith of course doesn’t care; he died in 1790. Our President’s ...