One framework for understanding markets is the invisible hand theory, an idea proposed by economist Adam Smith that illustrates the hidden, self-interested forces behind people's economic choices.

Adam Smith published his Inquiry into the Nature ... What he sought was "the invisible hand," as he called it, whereby "the private interests and passions of men" are led in the direction "which ...

Adam Smith labeled the machine the “invisible hand.” In The Wealth of Nations, published in 1776, Smith, widely considered the father of economics, emphasized the economy’s self-regulating nature—that ...

Adam Smith labeled the machine the “invisible hand.” In The Wealth of Nations, published in 1776, Smith, widely considered the father of economics, emphasized the economy’s self-regulating nature—that ...

"Smith Adam." Microsoft Encarta Encyclopedia 2001 ... Smith proclaimed the principle of the "invisible hand": Every individual in pursuing his or her own good is led, as if by an invisible ...