Tag Archives: free market
Adam Smith’s invisible hand
The concept of the invisible hand is popularly known to be propitiated in the work of Adam Smith. This idea is explored in his The Wealth of Nations (Modern Library), as Smith writes that:
The root of life: labor and exchange
(The Wealth of Nations by Adam Smith is rich in well-explained ideas, though as with other reviews on this blog, I will touch only cursorily on some of these ideas due to the length of the tome.) In his The … Continue reading