Post Tagged with: "Adam Smith"

Adam Smith’s Invisible Hand Is At Our Throats

Adam Smith’s Invisible Hand Is At Our Throats

The invisible hand As everyone knows, Adam Smith invented the theory that individual self-interest is, and ought to be, the main motivating force of human economic activity, and that this, in effect, serves the wider social interest. He put forward  a detailed description of this concept in an immense book, “The Wealth of Nations” (1776). Adam Smith (1723-1790) had been[Read More…]

by 14/12/2020 Comments are Disabled Life/Philosophy