Scotland—My recent travel in London and Scotland reminded me of my college days at the University of the Philippines School ...

Marking 250 years since The Wealth of Nations, the piece argues that key Smith ideas—like the invisible hand and division of labor—are often misread, and calls for a more balanced approach to ...

Adam Smith is most often quoted for his ideas of the division of labour and the invisible hand. As the world is witnessing a ...

On the 302nd anniversary of Adam Smith’s baptism, his enduring insights into free trade and the folly of protectionism remain a powerful rebuttal to today’s rising economic nationalism, says Eliot ...

Forbes contributors publish independent expert analyses and insights. I share tips about launching, validating and growing startups. Mar 25, 2025, 12:05pm EDT When it comes to concepts from economics ...

Today marks the 250th anniversary of the publication of Adam Smith’s “The Wealth of Nations,” one of the most influential books ever written. Published just months before the American colonies ...

Jesse Norman is the author of “Adam Smith: Father of Economics.” His new book on Adam Smith will be published later this year. On March 9, 1776, four months before the American colonies broke with ...

Nearly 250 years ago, Adam Smith identified two potential constraints on economic specialization: the “extent of the market” and the inevitable risks. Today, the risk constraint is proving to be the ...

Adam Smith favored neither state socialism nor unbridled markets, but something subtler: a moral economy grounded in sympathy and the pursuit of human flourishing. In a world where markets look ...

In 1776, Adam Smith, often described as the father of economics, published his masterwork, The Wealth of Nations. It was in many ways a very different world to the one we now know, as John Kay ...