See how we rate investing products to write unbiased product reviews. The invisible hand is a concept that was coined by economist Adam Smith to illustrate hidden economic forces. The invisible ...
But we would all be better off if Adam Smith had skipped the bit about “the invisible hand.” He meant little, if anything, by it—he used the term only once in the entire two volumes of The Wealth of ...
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 ...