Essays on Adam Smith

The written article Our Fear of Immigrants, constructed by Jeremy Adam Smith briefs on the causation of such issues, while providing rational explanations as well. The author claims that the overall fear can directly be linked to our genes and the evolution process as well....

In The Wealth of Nations, Adam Smith outlines the principle that self-interested market participants unknowingly maximize the welfare of society as a whole. This “Invisible hand” idea originated in 1776 and has been the basis for how our economy functions today. When a firm provides...

Adam Smith vs. Karl Marx Both Adam Smith and Karl Marx are considered two of the top twenty most influential people in the world for the millennium. They both are respected in their views for creating a perfect society where everyone is happy. Adam Smith,...

David Hume, who wrote Enquiry Concerning the Principles of Morals in 1751, and Adam Smith, who authored The Wealth of Nations in 1776, both spoke of a particular human emotion or characteristic called sympathy that differs greatly in definition from the colloquial meaning attributed to...