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What is the Invisible Hand? A Guide to Adam Smith's Economic TheoryAdam Smith is generally considered to have coined the term invisible hand in two of his 18th-century books on philosophical and economic issues. In The Wealth of Nations, Smith uses the invisible ...
The book has enlivened the ... These questions lead Smith to a formulation of the laws of the market. What he sought was "the invisible hand," as he called it, whereby "the private interests ...
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