What is the Invisible Hand in Economics in simple words

526 views

What is the Invisible Hand in Economics in simple words

In: 8

16 Answers

Anonymous 0 Comments

A concept created to distance the actors from their actions. Bob can buy up the house and tell Joe “fuck you pay me double”. Then Bob says it’s the “invisible hand of the market”, not me being a leech.

You are viewing 1 out of 16 answers, click here to view all answers.