The invisible hand is a concept that was coined by economist Adam Smith to illustrate hidden economic forces. The invisible hand is a metaphor that describes the unseen forces of self-interest ...

The 18th-century Scottish philosopher Adam Smith is credited with ... attitude toward commercial endeavors, Smith proclaimed the principle of the "invisible hand": Every individual in pursuing ...

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.