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 ...

Adam Smith published his Inquiry into the Nature ... How is it possible for a community in which everyone is busily following his self-interest not to fly apart from sheer centrifugal force?

As to the administration of justice, Smith says that the duty of the government is to protect “as far as possible, every member of the society from the injustice or oppression of every other member of ...