The invisible hand concept is closely related to laissez-faire economics, which proposes that government interference in the economy should be minimal and should run its own course. According to ...

But we would all be better off if Adam Smith had skipped the bit about “the invisible hand.” He meant little ... assets in circles than making productive investments in the real economy, capitalism ...

Our Republican state leaders insist on expanding state control over our economy despite their professed ... conservative principle that an “invisible hand” guides free markets to an optimal ...

American youths are inclined toward socialism because they are ignorant of both the lamp of experience and human nature. They prefer to live in a fantasy world where everyone is above average, to ...

The invisible hand is a concept stating that people act in their own best interests, yet despite their self-motivation, they end up benefiting markets and the economy as a whole. In other words ...