One framework for understanding markets is the invisible hand theory, an idea proposed by economist Adam Smith that illustrates the hidden, self-interested forces behind people's economic choices.

Benjamin O. Fordham, State University of New York, Binghamton “Patrick McDonald argues forcefully that Adam Smith’s invisible hand promotes not only wealth but international peace as well. Going ...

The concept of the invisible hand is one of the many contributions of the legendary Scottish philosopher and economist Adam Smith. In his book The Wealth of Nations, Smith wrote of a person who ...

Adam Smith’s “invisible hand” will go to work, and I doubt we know how that will transpire, but most likely it will be inflationary for us, if Trump gets his way.