Episode 238
238. What Is The Invisible Hand?
The Way the World Works: A Tuttle Twins Podcast for Families · Connor Boyack
December 29, 202115m 17s
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Show Notes
One of the most important principles in free market economics is the concept of the invisible hand. In his book "The Wealth of Nations," economist Adam Smith wrote about the invisible hand, a metaphor for the benefits society gets when people act in their own self interest.