This year marks the 300th anniversary of Adam Smith, the iconic figure behind the theory of free markets, or of what we have since come to call “capitalism.” Born in June 1723, Smith went on to ...

Letters: Readers respond to an editorial about rescuing the economist from being invoked by rightwing free-marketeers ...

How far back can one trace the origin of an idea? Economist Adam Smith’s “invisible hand” may have hidden roots that stretch back to the days of nomadic hunting and gathering. Readers of this blog are ...

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.’ ...