2min chapter

The Gray Area with Sean Illing cover image

Revisiting the "father of capitalism"

The Gray Area with Sean Illing

CHAPTER

What Did Smith Really Mean by the Invisible Hand?

The Chicago school was very effective at cementing this belief that the invisible hand of the market is this omnipotent and infinitely wise thing. Smith doesn't exactly outline that use but I just wanted to kind of point out that like there are unintended consequences to individual actions.

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