238. What Is The Invisible Hand?

29/12/2021 15 min Episodio 238
238. What Is The Invisible Hand?

Listen "238. What Is The Invisible Hand?"

Episode Synopsis

One of the most important principles in free market economics is the concept of the invisible hand. In his book "The Wealth of Nations," economist Adam Smith wrote about the invisible hand, a metaphor for the benefits society gets when people act in their own self interest.

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