Learn about the invisible hand theory in economics. Explore how Adam Smith came up with the concept of the invisible hand theory and see an invisible hand example.

Learn about Adam Smith and his books and beliefs about economics and economic theory, including capitalism. Discover Smith's concept of the...

The theory was proposed by economist Adam Smith in 1776. He used the rational choice theory to describe how the free market can actually benefit from people acting in their own self-interest.

Learn about Adam Smith and his ideas and theories in economics. Discover Smith's major champions in the field of economics, David Ricardo and Thomas Malthus.

Learn who wrote The Wealth of Nations. Read a summary of Adam Smith's The Wealth of Nations and the theories of free markets, productivity, and division of labor.

Explore human morality and ethics according to Adam Smith in just 5 minutes. Examine the impact of this philosopher's insights on modern ethics, then take a quiz.

Adam Smith and Karl Marx are two iconic economists that had monumental impacts on modern economic theory. Explore the theories of these two men and compare their ideologies.

The diamond-water paradox is an early economic problem proposed by Adam Smith. Adam Smith was a Scottish philosopher and economist. Many people consider him to be the father of …

Use our interactive quiz and worksheet to test your knowledge of ethics and morality according to Adam Smith. Before you take a test or go on to...

Discover Adam Smith's contribution in economics in just 5 minutes! This video lesson covers his theories and their significance, followed by a quiz for practice.