swipe_right Invisible Hand

Market self-regulation through self-interest

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An Inquiry into the Nature and Causes of the Wealth of Nations

person Smith, Adam

event 1776

Foundational work of modern economics examining the mechanisms of free markets, division of labor, and the role of self-interest in creating prospe...

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Smith, Adam

Scottish economist and philosopher, father of modern economics, author of The Wealth of Nations and The Theory of Moral Sentiments

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