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The invisible hand is a metaphor for the unseen ... even though they may care only about their own well-being. Adam Smith introduced the concept in his 1759 book "The Theory of Moral Sentiments ...

If you have any, the scholarly encounters with eighteenth-century Scottish thinker Adam Smith you recall most ... undergrad econ student. Lo, an “invisible hand” force feeds free-market ...

Alan Greenspan may trace the idea that markets fix themselves back to Adam Smith, but what would Smith himself say? Return to the documentary, Capitalism for the look at the moral philosophy of the ...

A portrait of Adam Smith ... the invisible hand, self-interest, the division of labor, free markets, and free trade.1 Yet Smith was also a moral philosopher. His 1759 book The Theory of Moral ...

This year marks the 300th anniversary of Adam Smith ... Born in June 1723, Smith went on to explain how the “invisible hand” of the market worked as people exercised their choices between ...

Admirers of Adam Smith may ... They recruited Smith, in other words, to make the case against central planning and high taxation. His metaphor of an invisible hand, in their view—the self ...

Adam Smith is generally considered to have coined the term invisible hand in two of his 18th-century books on philosophical and economic issues. In The Wealth of Nations, Smith uses the invisible ...