Adam Smith Posts - TopicsExpress

In economics, the invisible hand of the market is a metaphor used
In economics, the invisible hand of the market is a metaphor used by Adam Smith to describe the self-regulating behavior of the marketplace. Individua...

I first introduced the concept in The Theory of Moral Sentiments,
I first introduced the concept in The Theory of Moral Sentiments, written in 1759. In this work, however, the idea of the market is not discussed, and...