Adam Smith. Father of capitalism. Coined "the invisible hand." Wrote the oft referred to but rarely read, "Wealth of Nations." He was also a deeply odd guy who mumbled to himself in public ...

explaining how "the system of perfect liberty" (also called "the system of natural liberty") -- the way Smith referred to commercial capitalism -- came into being, as well as how it worked. Adam ...

He is clearly rather a fan of Adam Smith ... oligopoly and monopoly something Smith was constantly concerned about. One of Smith's best known quotes is on this very matter: "People of the same ...

The invisible hand is a concept that was coined by economist Adam Smith to illustrate hidden ... These are the two most famous quotes from Smith's long book." Smith adds that people act with ...

The essential feature of capitalism is the motive to make a profit. As Adam Smith, the 18th century philosopher and father of modern economics, said: “It is not from the benevolence of the butcher, ...