Episode 1 - The Foundational Text: Adam Smith's Invisible Hand

In our inaugural episode using our new curriculum approach, we begin with the foundational text of modern capitalism: Adam Smith’s The Wealth of Nations. This is part one of a multi-part series on this monumental work. Our hosts unpack the revolutionary concept that has shaped our world for over two centuries: the invisible hand. We explore Smith's argument that individual self-interest, when operating in a free market, can lead to widespread societal benefit. The conversation delves into the historical context of this idea, challenging the prevailing mercantilist theories of his time. We analyze how this single concept laid the philosophical groundwork for the industrial revolution and modern global commerce. This episode is an essential first step in understanding the intellectual DNA of business itself. Join us as we explore the power and the paradox of this enduring idea.