“As Adam Smith observed, trade without tariffs makes people richer. The more trade, the more wealth. Tariffs impoverish ...

The invisible hand is a concept introduced by economist Adam Smith. It refers to the self-regulating nature of markets where ...

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 ...

At the very beginning of the industrial revolution, Smith pointed out not only slavery’s vanities and vices, but its economic contradictions. That’s the subject of the November Adam Smith 300 ...

The essential feature of capitalism is the motive to make a profit. As Adam Smith, the 18th century philosopher and father of modern economics, said: “It is not from the benevolence of the butcher, ...

Though the term "civil society" is not used in economics today, its origins trace back to Adam Smith in the 18th century. Economic interactions within civil society often involve motivations ...

Gaining and maintaining public confidence in the currency is a key role of the Bank of England and one which is essential to the proper functioning of the economy. The Adam Smith Series F £20 ...

according to Adam Smith (1723-1790), the famed Scottish economist and “The Father of Economics,” who introduced the term “invisible hand.” But wait, is that all there is to it? Didn’t ...

Gaining and maintaining public confidence in the currency is a key role of the Bank of England and one which is essential to the proper functioning of the economy. The Adam Smith Series F £20 ...