The book has enlivened the study of economics for beginning students for more than 40 years. Adam Smith published his Inquiry into the Nature and Causes of the Wealth of Nations in 1776 ...

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 ...

They are a bad idea.” Dr Madsen Pirie, president of the Adam Smith Institute, neatly summed up the views of the Kirkcaldy-born ‘Father of Economics’ on tariffs in an article following Donald ...

Adam Smith labeled the machine the “invisible hand.” In The Wealth of Nations, published in 1776, Smith, widely considered the father of economics, emphasized the economy’s self-regulating nature—that ...

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 ...

Behavioral economics has expanded since the 1980s, but it has a long history: According to Thaler, some important ideas in the field can be traced back to 18th-century Scottish economist Adam Smith.

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 ...

Smith put this core concept in economics to the test, and through experiments wasn ... of water markets in California and a forthcoming book that reconnects Adam Smith’s philosophy to the way people ...