Adam Smith and his Wealth of Nations: Background information when reading Landscape with Invisible Hand

Summary |  Excerpt |  Reading Guide |  Reviews |  Beyond the Book |  Readalikes |  Genres & Themes |  Author Bio

Landscape with Invisible Hand

by M.T. Anderson

Landscape with Invisible Hand by M.T. Anderson X
Landscape with Invisible Hand by M.T. Anderson
  • Critics' Opinion:

    Readers' Opinion:

     Not Yet Rated
  • Published:
    Sep 2017, 160 pages

  • Rate this book


Book Reviewed by:
Norah Piehl

Buy This Book

About this Book

Beyond the Book:
Adam Smith and his Wealth of Nations

Adam SmithThe title of M.T. Anderson's Landscape With Invisible Hand, (and perhaps its protagonist's name), contains a reference to the theories of the Scottish economist Adam Smith, whose landmark 1776 work The Wealth of Nations laid the groundwork for modern free-market economic theory. To laypeople, Smith may be best known for his concepts of the division of labor and its concomitant increase in productivity, as well as his contention that self-interest and competition result in the greater good for society.

This last point is part of what's implied in Smith's famous usage of the term "invisible hand," a metaphor meant to suggest that, in the absence of regulation, human economic self-interest will lead people to act in ways resulting in broader societal benefits than would a heavily regulated environment where choice is more limited. In The Wealth of Nations, Smith explains:

But the annual revenue of every society is always precisely equal to the exchangeable ...

Members Only

This article is only available to members at this time, but you can read these articles for free.

About Membership


Member Login


Library Patron Login

Support BookBrowse

Become a Member and discover books that entertain, engage & enlighten!

Join Today!

Award Winners

  • Book Jacket: Little Fires Everywhere
    Little Fires Everywhere
    by Celeste Ng
    Voted 2017 Best Fiction by BookBrowse's Subscribers

    Small towns, big drama. Acclaimed author ...
  • Book Jacket: La Belle Sauvage
    La Belle Sauvage
    by Philip Pullman
    Voted 2017 Best Young Adult Novel by BookBrowse's Subscribers

    I wasn't quite sure what to expect ...
  • Book Jacket: Killers of the Flower Moon
    Killers of the Flower Moon
    by David Grann
    Voted 2017 Best Nonfiction by BookBrowse's Subscribers

    The long, sorrowful list of injustices done ...
  • Book Jacket: The Dry
    The Dry
    by Jane Harper
    Voted 2017 Best Debut Novel by BookBrowse's Subscribers

    After receiving a letter from his childhood...

Book Discussion
Book Jacket
The Second Mrs. Hockaday by Susan Rivers

At once a love story, a history lesson and a beautifully written tale of forgiveness.

About the book
Join the discussion!

First Impressions

  • Book Jacket

    The Story of Arthur Truluv
    by Elizabeth Berg

    An emotionally powerful novel from New York Times bestselling author Elizabeth Berg.
    Reader Reviews

Win this book!
Win Autumn

Autumn by Ali Smith

One of the New York Times 10 Best Books of the Year, and a Man Booker Prize Finalist

Enter

Word Play

The Big Holiday Wordplay: $400+ in Prizes

Enter Now

Books that     
entertain,
     engage

 & enlighten

Visitors can view some of BookBrowse for free. Full access is for members only.

Join Today!

Your guide toexceptional          books

BookBrowse seeks out and recommends books that we believe to be best in class. Books that will whisk you to faraway places and times, that will expand your mind and challenge you -- the kinds of books you just can't wait to tell your friends about.