The invisible hand is a term coined by Adam Smith in the 1700s to describe the operation of free markets. The general idea is that individuals pursuing their own self interest ends up doing what is...
Adam Smith's invisible hand refers to the self correcting features of a free market. Prices respond to the combined influences of supply and demand, and no regulatory agency or deliberate guidance is...
Adam's Smith's Invisible Hand of the Marketplace is the theory that economic imbalances are self-correcting, not requiring intervention by government so long as the equal rights of the individual are...