The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will… — Milton Friedman Copy Share Image
Adam Smith's 'invisible hand' is not above sudden, disturbing, movements. Since its inception, capitalism has known slumps and recessions, bubble and froth;… — Margaret Thatcher Copy Share Image
“Which would have advanced the most at the end of a month—the boy who had made his own jackknife from the ore… — Henry David Thoreau Copy Share Image
“Adam Smith FRSE (baptised June 5, 1723 O.S. / June 16 N.S. – July 17, 1790) was a Scottish moral philosopher and… — Adam Smith Copy Share Image
“As the brilliant economist-educator Russell Roberts points out, chroniclers of the cult of celebrity have an extensive pedigree. Writing in The Theory… — Jonathan Haskel Copy Share Image