Adam Smith

“By directing that industry in such a manner as its produce may be of greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.”

Read about Adam Smith and The Invisible Hand at the Library of Economics and Liberty.

5 Replies to “Adam Smith(1723-1790)”

Leave a Reply

Your email address will not be published. Required fields are marked *