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 ...

Adam Smith defined how we think about free markets. His guiding principle was, famously, the invisible hand – a mystical ...

Adam Smith published his Inquiry into the Nature and Causes of the Wealth of Nations in 1776, adding a second revolutionary event to that fateful year. A political democracy was born on one side ...

The 18th-century Scottish philosopher Adam Smith is credited with writing the first great work on political economy. His treatise "The Wealth of Nations" describes the evolution and political ...

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 ...