
On Adam Smith's "The Wealth of Nations"
New Books in Economics
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Smith the Scientist, the Father of Economics
The process of combing through and critiquing Smith's work is how he gets the title of the father of economics. One of Smith's best known ideas in the Wealth of Nations is the phrase, the invisible hand of the market. This phrase plays an important role in how the 20th century United States re-appropriated Smith and The Wealth of Nations.
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