
Great Ideas the Invisible Hand
By Adam Smith
1759
First Published
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Adam Smith’s landmark treatise on the free market paved the way for modern capitalism, arguing that competition is the engine of a productive society, and that self-interest will eventually come to enrich the whole community, as if by an ‘invisible hand’. Throughout history, some books have changed the world. They have transformed the way we see ourselves – and each other. They have inspired debate, dissent, war and revolution. They have enlightened, outraged, provoked and comforted. They have enriched lives – and destroyed them. Now Penguin brings you the works of the great thinkers, pioneers, radicals and visionaries whose ideas shook civilization and helped make us who we are.
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Author

Adam Smith
Author · 20 books
For other authors of this name, see Adam Smith. Wealth of Nations (1776) of Scottish political economist and philosopher Adam Smith laid the foundations of classical free-market theory. Despite the unknown exact date, authorities recorded his baptism on 16 June 1723 at Kirkcaldy. This pioneer among the key figures of the Enlightenment authored The Theory of Moral Sentiments . People consider the first modern work of economics as his magnum opus and widely cite this father. https://en.wikipedia.org/wiki/Adam\_Smith