The invisible hand is a metaphor that describes the unseen forces of self-interest that impact the free market. In theory, consumers basing decisions on self-interest creates a positive outcome ...

There’s also a growing habit of imagining rural areas as being repurposed or reinvented. But those who live there see ...

In The Wealth of Nations, Smith uses the invisible hand metaphor to describe merchants' preference for investing in their home countries, indicating that the national economy can naturally benefit ...