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Reviving the Invisible Hand: The Case for Classical Liberalism in the Twenty-First Century

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"Reviving the Invisible Hand is an uncompromising call for a global return to a classical liberal economic order, free of interference from governments and international organizations. Arguing for a revival of the invisible hand of free international trade and global capital, eminent economist Deepak Lal vigorously defends the view that statist attempts to ameliorate the impact of markets threaten global economic progress and stability. And in an unusual move, he not only defends globalization economically, but also answers the cultural and moral objections of antiglobalizers." Lal bases his case on a historical account of the rise of capitalism and globalization in the first two liberal international economic the nineteenth-century British, and the post-World War II American.

Hardcover

First published January 1, 2006

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Deepak Lal

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22 reviews
October 27, 2025
This is the most impenetrable book I've ever tried to read. I bought it 20 years ago and after 30 pages put it down. Just picked it up and skimmed it and it's not changed. Here's an example of how badly written it is:

“The moral consequences of economic growth, as perceived through the prism of Western liberalism, are inextricably linked to the teleological assumptions embedded in Enlightenment rationalism, which, while ostensibly universal, remain culturally contingent and historically situated.”

The author is clearly on a higher plain than the rest of us.

I was going to finally bin it I but I'll keep it to show people for a laugh.
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