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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.
The 18th-century Scottish philosopher Adam Smith is credited with writing ... and published them in his first major work, Theory of Moral Sentiments (1759). In 1763 he resigned from the university ...
Portfolio/Penguin, New York, 2014, 272 pp., $27.95 (cloth). Ethics in economics seems to be back in vogue today. This is undoubtedly because of the global financial crisis, which exposed a startling ...
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The Society of Resentment
It is present in Adam Smith’s Theory of Moral Sentiments (1759) as a feeling of frustration and acrimony caused by a certain social position and, in general, has a negative connotation ...
For Smith's theory does unquestionably lead to a doctrine of laissez-faire. To Adam Smith the least government is certainly the best: governments are spendthrift, irresponsible, and unproductive.