His treatise "The Wealth of Nations" describes the evolution ... Smith proclaimed the principle of the "invisible hand": Every individual in pursuing his or her own good is led, as if by an ...
Adam Smith labeled the machine the “invisible hand.” In The Wealth of Nations, published in 1776, Smith, widely considered the father of economics, emphasized the economy’s self-regulating nature—that ...
Adam Smith labeled the machine the “invisible hand.” In The Wealth of Nations, published in 1776, Smith, widely considered the father of economics, emphasized the economy’s self-regulating nature—that ...
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What would the father of protectionism say to Trump?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).
This animated infographic shows where, when, and in what language Adam Smith’s Wealth of Nations has been published around the world. Watch a planet slowly grasped by the invisible hand.
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