explaining how "the system of perfect liberty" (also called "the system of natural liberty") -- the way Smith referred to commercial capitalism -- came into being, as well as how it worked. Adam ...

Adam Smith published a book entitled "The Wealth of Nations", and he became viewed as, and is still regarded by some as the ...

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 ...

Capitalism and economic globalization have no shortage of critics. As Cassidy shows, their criticisms have remained strikingly consistent over the centuries.

The essential feature of capitalism is the motive to make a profit. As Adam Smith, the 18th century philosopher and father of modern economics, said: “It is not from the benevolence of the butcher, ...

He is clearly rather a fan of Adam Smith. An audience who had read either ... because it appears to represent an obvious failure of capitalism. In a perfect environment with no barriers to entry ...

The essential feature of capitalism is the motive to make a profit. As Adam Smith, the 18th century philosopher and father of modern economics, said: “It is not from the benevolence of the butcher, ...