This year marks the 300th anniversary of Adam Smith, the iconic figure behind the theory of free markets, or of what we have since come to call “capitalism.” Born in June 1723, Smith went on to ...

How far back can one trace the origin of an idea? Adam Smith’s “invisible hand” may have hidden roots that stretch back to the days of nomadic hunting and gathering. Readers of this blog are already ...

The invisible hand is a concept introduced by economist Adam Smith. It refers to the self-regulating nature of markets where individual actions, driven by personal interests, contribute to overall ...

Adam Smith's “The Wealth of Nations” is a book seldom read in its entirety. Libertarians underwent multiple iterations of winnowing the more than five hundred fifty pages into something more closely ...

On the occasion of his 300th birthday, Adam Smith—the Scottish Enlightenment luminary and so-called father of capitalism—was not available for comment, despite attempts to contact him via Ouija board ...

With the 250th anniversary of The Wealth of Nations approaching next year, the world is gearing up to honour Adam Smith. But which Smith should be recognised? The hard-nosed "founding father" of ...