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Available Open Access under CC-BY-NC-ND Made famous by the Enlightenment thinker Adam Smith, the concept of an ‘invisible hand’ might be taken to imply that
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Why economics needs to focus on fairness and not just efficiency One of the central tenets of mainstream economics is Adam Smith's proposition that, given certa
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Adam Smith’s landmark treatise on the free market paved the way for modern capitalism, arguing that competition is the engine of a productive society, and tha
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Type: BOOK - Published: 2008-02-14 - Publisher: Routledge
This is a book about one of the most controversial concepts in economics: the invisible hand. The author explores the unintended social consequences implied by