Adam Smith’s model of free trade, low taxes, deregulation, patent law and sound money (supply-side economics) led to the Industrial Revolution and a 100-fold increase in our standard of living.

Learn about the "invisible hand," a key economic concept introduced by Adam Smith, and its implications in free markets.

The state pension system in the United Kingdom could face financial unsustainability as early as 2036, despite recent ...

Congressman Adam Smith discusses the passage of the "Big, Beautiful Bill," his thoughts about Trump’s foreign policy decisions, and the Democratic Party.

Video Clip 6: Economist Adam Smith Mark Skousen explains the key points of Adam Smith's economic philosophy. Explain the three elements of Adam Smith's system of natural liberty.

Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political ...

Adam Smith was a philosopher and economic theorist born in Scotland in 1723. He's known primarily for his groundbreaking 1776 book on economics called "An Inquiry Into the Nature and Causes of the ...

A portrait of Adam Smith, 1795. (Photo by Fine Art Images/Heritage Images/Getty Images) By signing up, you confirm that you are over the age of 16 and agree to receive occasional promotional ...