News

And perhaps more to the point Adam Smith's invisible hand really isn't what critics of free market economics seem to think it is either. So, just for the record, here is what it actually is.
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 ...
So how did Adam Smith become such a popular icon in the first place? And why did the “invisible hand” become such ... associate at the Political Theory Project at Brown University.
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 ...
Economist Adam Smith’s “invisible hand” may have hidden roots that ... Billionaires fund massive projects and vie for the right to put their names on buildings. Less wealthy donors get ...
Lander, Eric S. "Invisible Hand: Readings from Adam Smith and Alexis de Tocqueville." Harvard Business School Case 184-107, January 1984.