Adam Smith introduces the idea of the invisible hand. The invisible hand is a metaphor for the unseen forces influencing a free-market economy. The invisible hand theory assumes self-interest.

Is significant regulation of speech required? Or can we leave it up to the “marketplace for ideas” to handle it?

Description: The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'. He assumed that an economy can work well in a free market scenario where everyone will work for ...

Capitalist and socialist economies are very different; capitalism relies on the markets, while socialism relies on government planning. Each system has its pros and cons.

Sociologists often emphasize that Adam Smith should not be celebrated solely for his contributions to economics. His earlier work, The Theory of Moral Sentiments (1759) -- written 17 years before The ...

And I Have A Theory Involving A Potential Returning Cast Member Television After Matlock's Shocking Season 1 Finale, I Have Exactly 7 Questions That Need To Be Answered In Season 2 Television The ...

May 21, 2025 • We asked some of our trusted critics which upcoming books they are most looking forward to. Here are the fiction and nonfiction titles they picked. November 25, 2024 • Books We ...