Adam Smith and the Invisible Hand: From Metaphor to Myth. Quote shown in video electronic page 2 www.aier.org The Concise Encyclopedia of Economics More
Adam Smith and the Invisible Hand: From Metaphor to Myth. Quote shown in video electronic page 2 www.aier.org The Concise Encyclopedia of Economics Adam Smith (1723-1790 ) www.econlib.org Today Smiths reputation rests on his explanation of how rational self-interest in a free-market economy leads to economic well-being. It may surprise those who would discount Smith as an advocate of ruthless individualism that his first major work concentrates on ethics and CHARITY. In fact, while chair at ... Hide
