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Makes the same case about the 'invisible hand' as Gavin Kennedy, referring to home merchants preferring to be risk averse - their self-interest drives them to invest locally rather than risking money in overseas ventures. This risk-averse self-interested merchant's actions benefit the whole of society, as if by 'an invisible hand'.

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The statue stands opposite The Royal Exchange (now City Council Chambers, including City War Memorial) where Smith worked as a customs commissioner in his retirement.

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Being Me Being You: Adam Smith and Empathy a book by Samuel Fleischacker

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Modern notions of empathy often celebrate its ability to bridge divides, to unite humankind. But how do we square this with the popular view that we can never truly comprehend the experience of being someone else? In this book, Samuel Fleischacker delves into the work of Adam Smith to draw out an un…