The central thesis of Smith's "The Wealth of Nations" is that our individual need to fulfill self-interest results in societal benefit. He called the force behind this fulfillment the invisible hand.

Video Clip 5: Adam Smith and the Wealth of Nations (2:25) Scott Christianson talked about his book, 100 Documents that Changed the World: From the Magna Carta to Wikileaks.

Admirers of Adam Smith may be surprised to learn that there is an entire academic industry dedicated to the proposition that the great Scottish economist was not a proponent of free-market capitalism.

Three centuries before Glasgow hosted the COP26 conference aimed at mitigating climate change, it played home to Adam Smith, often credited as the “father of economics.” ...

In doing so, however, they provide further evidence that Adam Smith got there first. Before discussing the concept of value in “The Wealth of Nations” (1776), Smith notes the importance of ...

"The Wealth of Nations" is an influential text published by Scottish philosopher and economist Adam Smith in 1776. Its full title is "An Inquiry into the Nature and Causes of the Wealth of Nations".

In this clip, Mr. Christianson discussed Adam Smith's The Wealth of Nation … Scott Christianson talked about his book, 100 Documents that Changed the World: From the Magna Carta to Wikileaks.

Adam Smith and the Wealth of Nations. Scott Christianson talked about his book, 100 Documents that Changed the World: From the Magna Carta to Wikileaks. In this clip, ...