The invisible hand is a concept introduced by economist Adam Smith. It refers to the self-regulating nature of markets where individual actions, driven by personal interests, contribute to overall ...
Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Thomas J Catalano is a CFP and Registered Investment ...
More than 200 years ago, Adam Smith, the Scottish philosopher and founder of economic theory, fashioned the image of the “invisible hand” to explain how myriad individual choices within a free ...
In The Wealth of Nations, Adam Smith once wrote about economic participants: “He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which ...
Virginia Woolf once noted that all Shakespearean criticism was autobiographical: the Bard’s works are a mirror in which critics see themselves. Adam Smith, the famed 18th-century economist, comes in ...
The New York Times published a fascinating little article this week. It discussed women in Pakistan who are working in low-level positions at local outlets of American businesses such as McDonald’s ...