The invisible hand is an economic concept of the unintended greater social benefits and public good brought about by individuals acting in their own self-interests.
The concept was introduced by Adam Smith in The Theory of Moral Sentiments, 1759.
It is literally divine providence, that is the hand of God, that works to make every thing is possible to happen.
The invisible hand is directly linked to production, to the employment of capital in support of domestic industry.
In the economic ideologies, many disagreements about how powerful the “invisible hand” is discussed.
Please enjoy Adam Smith’s quotes in this video.
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