The invisible hand is a concept introduced by economist Adam Smith. It refers to the self-regulating nature of markets where individual actions, driven by personal interests, contribute to overall ...

The concept of the invisible hand is one of the many contributions of the legendary Scottish philosopher and economist Adam Smith. In his book The Wealth of Nations, Smith wrote of a person who ...

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Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Thomas J Catalano is a CFP and Registered Investment ...

I rather agree with the conclusion here, that macroeconomics is dead. But I distinctly disagree with the reasons used to reach the conclusion, that there is no invisible hand. One of the best-kept ...