One framework for understanding markets is the invisible hand theory, an idea proposed by economist Adam Smith that illustrates the hidden, self-interested forces behind people's economic choices.

According to this theory, nations should sell their goods ... What Was Smith's Invisible Hand? Adam Smith referred to the natural forces that guided self-interest to fulfill people's and ...

This year marks the 300th anniversary of Adam Smith, the iconic figure behind the theory of free markets ... Smith went on to explain how the “invisible hand” of the market worked as people ...

Adam Smith died on July 17 ... likely to help him earn the highest return for a given risk level. The invisible-hand theory is often presented in terms of a natural phenomenon that guides free ...

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 ...