Read Adam Smith’s ‘The Wealth of Nations’ but don’t misread his Invisible Hand

Read Adam Smith’s ‘The Wealth of Nations’ but don’t misread his Invisible Hand

Adam Smith’s 1776 classic is widely misinterpreted to cast him as an apologist for selfishness and greed. But an actual reading of his famous book takes apart the myth of his ‘market fundamentalism.’ Here’s why.

Smiths Scottish hometown Kirkcaldy opted for a characteristically quiet pragmatism: a modest Heritage Centre and a plaque on a brick wall marking the spot where his childhood home was unceremoniously… [+4897 chars]
Read Adam Smith’s ‘The Wealth of Nations’ but don’t misread his Invisible Hand - FHMnews