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The Invisible Hand

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Markets and Organization
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Abstract

The “invisible hand” has surely been the most evocative, enduring and powerful metaphor in the history of economic thought. The essence of the idea underlying the metaphor is that, in the pursuit of self interest, individuals are led by an invisible hand to promote the welfare of society.

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© 1998 Springer-Verlag Berlin · Heidelberg

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Currie, M. (1998). The Invisible Hand. In: Arena, R., Longhi, C. (eds) Markets and Organization. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-72043-7_6

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  • DOI: https://doi.org/10.1007/978-3-642-72043-7_6

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-63810-0

  • Online ISBN: 978-3-642-72043-7

  • eBook Packages: Springer Book Archive

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