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238. What Is The Invisible Hand?
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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By Connor Boyack
4.6
463463 ratings
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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