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Adam Smith defined how we think about free markets. His guiding principle was, famously, the invisible hand – a mystical ...
Adam Smith taught us that trade is not a zero-sum game 250 years ago. Trump may not have read his Wealth of Nations, but the ...
As to the administration of justice, Smith says that the duty of the government is to protect “as far as possible, every member of the society from the injustice or oppression of every other member of ...
The invisible hand is a concept that was coined by economist Adam Smith to illustrate hidden ... These are the two most famous quotes from Smith's long book." Smith adds that people act with ...
The book has enlivened the study of economics for beginning students for more than 40 years. Adam Smith published his Inquiry into the Nature and Causes of the Wealth of Nations in 1776 ...
Given this zeitgeist, a book on the moral philosophy of Adam Smith is timely indeed. While Smith may be the founder of modern economics, he was first and foremost a professor of moral philosophy. Yet ...
Book of the Week. An engaging account of the life, times and legacy of Adam Smith marking 300 years since the birth of the Scottish economist. Read by Robin Laing.