VIDEO: Adam Smith and the Invisable Hand

Tue, 09/06/2011 - 1:10pm | posted by Jason Pye

The folks over a Learn Liberty have brought us another new video. Professor James Otteson briefly explains the ideas of Adam Smith, author of The Wealth of Nations and The Theory of Moral Sentiments, that became the foundation for modern economics, including the Invisable Hand and division of labor.

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  • Tagged: Adam Smith capitalism division of labor free markets Invisable Hand James Otteson Learn Liberty The Theory of Moral Sentiments The Wealth of Nations

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