So this morning I am reading Phil Mirowski’s presidential address to the historians of economic thought, and trying to keep my ire contained… Mirowski has one good point: that Paul Samuelson, in his Economics principles textbook, started or at least greatly amplified the movement of economists citing Adam Smith’s “Invisible Hand” as his summary statement … Continue reading The Invisible Hand and the System of Natural Liberty: Tuesday Focus: February 4, 2014