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 ...

Adam Smith (1723-1790) put together the classical model of economics, consisting of free trade, limited government, the virtue of thrift, balanced budgets and sound money.

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

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

Explain the three elements of Adam Smith's system of natural liberty. Describe the statement by Adam Smith read by Mark Skousen and how it relates to Smith's economic philosophy.

To Liu, the Adam Smith most familiar to US publics is the phantasmagoric lovechild of politicians and theorists who, across centuries, have built idealized versions of Smith to achieve particular ...

A conversation with Glory Liu about the thinker's influence on American politics, the many ways his work has been misunderstood, and why we remember Smith as a champion of capitalism.

Adam Smith’s seminal contributions continue to illuminate the interconnected realms of economic behaviour and moral philosophy. His works, notably The Wealth of Nations and The Theory of Moral ...

The system of natural liberty, as described by Smith, provides the social, economic, and political framework that is most advantageous for the flourishing of humankind.