What Did Adam Smith Mean By The Metaphor Of The Invisible Hand?

What Did Adam Smith Mean By The Metaphor Of The Invisible Hand? Invisible hand, metaphor, introduced by the 18th-century Scottish philosopher and economist Adam Smith, that characterizes the mechanisms through which beneficial social and economic outcomes may arise from the accumulated self-interested actions of individuals, none of whom intends to bring about such outcomes. What

What Did Adam Smith Say About The Invisible Hand?

What Did Adam Smith Say About The Invisible Hand? Smith put forth the notion of the invisible hand in arguing that free individuals operating in a free economy, making decisions that are primarily focused on their self-interest logically take actions that benefit society as a whole, even though such beneficial results were not the specific