심플 이즈 베스트

**Adam Smith**, often regarded as the father of economics, laid the foundation for modern finance and capitalism. His seminal work, **"The Wealth of Nations,"** explored the principles of market dynamics and the importance of free competition, becoming a cornerstone of today's financial systems. --- ## Key Tenets of Adam Smith's Economic Philosophy ### 1. **The Invisible Hand** Smith argued that individuals pursuing their own interests inadvertently promote the wealth of society through the market's **invisible hand**. This principle highlights how self-regulating markets enable efficient resource allocation. - **Modern Application**: Individual decision-making in financial markets facilitates efficient capital allocation and economic growth. - **Real-Life Examples**: 1. **Tesla**: Investors identified the potential of electric vehicles and renewable energy, leading to capital flows into Tesla. This growth not only benefited the company but also adva...

One of the key trends in modern finance, **Socially Responsible Investment (SRI)**, emphasizes sustainability and ethical values in investment. However, this concept is not a modern invention. The philosophy of Confucius (孔子), the great ancient Chinese philosopher, aligns closely with SRI principles. His ethical teachings can be interpreted as foundational ideas for sustainable finance today. --- ## Core Teachings of Confucius: **Ren (仁)** and **Yi (義)** Confucian philosophy emphasizes harmony among people, rooted in two main concepts: **Ren (仁)** and **Yi (義)**. - **Ren (仁)**: Denotes humanity and mutual respect, prioritizing care for others and the prosperity of the community. - **Yi (義)**: Represents moral righteousness, advocating for prioritizing public good over personal gain. These teachings extend beyond personal ethics and are applicable to modern corporate ethics and investment philosophy. --- ## The Connection Between SRI and Confucian Thought **Socially Respon...