1998 | OriginalPaper | Chapter
The Invisible Hand
Author : Martin Currie
Published in: Markets and Organization
Publisher: Springer Berlin Heidelberg
Included in: Professional Book Archive
Activate our intelligent search to find suitable subject content or patents.
Select sections of text to find matching patents with Artificial Intelligence. powered by
Select sections of text to find additional relevant content using AI-assisted search. powered by
The “invisible hand” has surely been the most evocative, enduring and powerful metaphor in the history of economic thought. The essence of the idea underlying the metaphor is that, in the pursuit of self interest, individuals are led by an invisible hand to promote the welfare of society.