Adam Smith was an 18th-century Scottish economist, philosopher, and author who is considered the father of modern economics. Smith argued against mercantilism and was a major proponent of laissez ...

In July’s Adam Smith 300 essay for Capital Matters, George Mason University economics professor Don Boudreaux writes about Smith’s presumption for unilateral free trade.

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

More than 200 years after his death, Adam Smith’s political and moral philosophy and his foundational work in economics remain highly relevant.

On the 302nd anniversary of Adam Smith’s baptism, his enduring insights into free trade and the folly of protectionism remain a powerful rebuttal to today’s rising economic nationalism, says ...