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 ...

This year marks the 300th anniversary of Adam Smith ... Born in June 1723, Smith went on to explain how the “invisible hand” of the market worked as people exercised their choices between ...

Alan Greenspan may trace the idea that markets fix themselves back to Adam Smith, but what would Smith himself say? Return to the documentary, Capitalism for the look at the moral philosophy of the ...

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.