Celebrated author James Buchan breathes new life into Adam Smith's legacy and the beginnings of modern economics. The Scottish philosopher Adam Smith (1723-1790) has been adopted by neoconservatives as the ideological father of unregulated business and small government. Politicians...
Adam Smith (1723-1790) has been adopted by neoconservatives as the ideological father of unregulated business and small government. His "invisible hand" has become a commanding shorthand for politicians promoting laissez-faire economics, but Smith never used it in reference...