The Invisible Hand And Kinky Indifference Maps

Someone long ago decided that economics is "the dismal science."

It therefore may come as a shock to learn that economists (at least the salt water variety) sometimes exhibit a keen sense of humor.

There is, for example, the economics professor/writer known to the world as Adam Smith. No, not the Adam Smith of 1776 who wrote Wealth of Nations. Rather the Adam Smith (pen name) who in 1976 received the "Invisible Hand" award.



Rather than attempt to describe the scene myself, I'll let Adam Smith himself (The late Jerry Goodman) tell the tale here.

And we can all join in a rousing chorus of "Wealth of Nations- Writ for me!"