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Interdependence, the Invisible Hand, and Equilibrium in Adam Smith

✍ Scribed by Witztum, A.


Book ID
121660513
Publisher
Duke University Press
Year
2010
Tongue
English
Weight
367 KB
Volume
42
Category
Article
ISSN
0018-2702

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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 that self-interest will eventually come to enrich the whole community, as if by an ?invisible hand?. Throughout history, some books have changed