Difference between revisions of "Invisible Hand"

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[[Category:Libertarian Propaganda Terms]]
 
[[Category:Libertarian Propaganda Terms]]
[[Category:Market Fundamentalism]]
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[[Category:Common Fallacies Of Economics|100]]
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[[Category:Market Fundamentalism|200]]
 
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{{DES | des = One analogy used by [[Adam Smith]] has been inflated into a full-blown economic mythology.  If there is an "invisible hand", it drives concentration of wealth and power instead of economic equilibrium. | show=}}
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{{DES | des = One analogy used by [[Adam Smith]] has been inflated into a full-blown economic mythology.  If there is an "invisible hand", it drives concentration of wealth and power instead of economic equilibrium. There is also a corresponding "[[Invisible Foot|invisible foot]]" that leads to production of harmful externalities. | show=}}
 
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Latest revision as of 16:14, 23 May 2018