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

Widely discussed in both economics and investing ... The invisible hand is a metaphor first used by Adam Smith in "The Theory of Moral Sentiments" in 1759 to describe how individual self-interest ...

Economists have long helped to shape policy on issues like taxes and health care. But flawed forecasts and arcane language ...

Stephen Miran, nominated to advise Trump, has suggested high tariffs could be the price allies pay for U.S.’s defense ...

Mark Carney, the changed monetarist In the open forum time at the launch of ex-central banker Dr. H.N. Thenuwara’s new book, ...

An excerpt of the interview by V.K. Ramachandran with Amartya Sen after he won the Nobel Prize, published in our November 6, 1998, issue.

Since the 1970s, however, civil society has gained prominence, thanks to greater access to data and advances in game theory ... in economics today, its origins trace back to Adam Smith in the ...