in-visible hand








noun

  1. (in the economics of Adam Smith) an unseen force or mechanism that guides individuals to unwittingly benefit society through the pursuit of their private interests.

A term used by Adam Smith to describe his belief that individuals seeking their economic self-interest actually benefit society more than they would if they tried to benefit society directly. The statement “What’s good for the country is good for General Motors, and vice versa” expresses essentially the same belief.

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