The invisible hand is a concept introduced by economist Adam Smith. It refers to the self-regulating nature of markets where individual actions, driven by personal interests, contribute to overall ...

Presidential elections are typically a power struggle between Republicans and Democrats, but they have also come to represent a juxtaposition of two prevailing economic perspectives: free market and ...

In The Wealth of Nations, Adam Smith once wrote about economic participants: “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 ...