Great Ideas the Invisible Hand

Great Ideas the Invisible Hand by Adam Smith, published by National Geographic Books on September 23, 2008, is a significant work that explores the foundations of modern capitalism. This UK edition spans 144 pages and is presented in English. The book discusses the concept of the free market, emphasizing how competition serves as a driving force in a productive society and how self-interest can ultimately benefit the entire community, likened to an ‘invisible hand’.
Readers will find a thorough examination of economic theory and its implications for business and society. The text delves into the transformative power of ideas and how they have shaped human interactions and institutions throughout history. By engaging with these concepts, the book invites reflection on the dynamics of economics and the role of individual actions within a broader societal context.
Official synopsis Publisher
Adam Smith’s landmark treatise on the free market paved the way for modern capitalism, arguing that competition is the engine of a productive society, and that self-interest will eventually come to enrich the whole community, as if by an ‘invisible hand’.
Throughout history, some books have changed the world. They have transformed the way we see ourselves – and each other. They have inspired debate, dissent, war and revolution. They have enlightened, outraged, provoked and comforted. They have enriched lives – and destroyed them. Now Penguin brings you the works of the great thinkers, pioneers, radicals and visionaries whose ideas shook civilization and helped make us who we are.
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