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Invisible Hand is a reference to a famous metaphor used by economist and philosopher Adam Smith in his classic 1776 book An Inquiry into the Nature and Causes of the Wealth of Nations
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Every individual necessarily labours to render the annual revenue of the society as great as he can. He generally neither intends to promote the public interest, nor knows how much he is promoting it … He intends only his own gain, and he is in this, as in many other case...
Published on February 10, 2015 00:38