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Invisible hands

INVISIBLE HANDS

I had the good fortune, or perhaps, misfortune to teach macro and microeconomics for several sections many years ago. Whether you’ve ever taken it or not, the name “Adam Smith” should ring a bell. Adam Smith (1723-1790) was a Scottish economist and is often referred to as the “Father of Economics” or the “Father of Capitalism.” He was such a bedrock in economics, particularly because of his premier work “The Wealth of Nations” that it is impossible to not mention...

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