Adam Smith’s “invisible hand” sometimes works in such marvelously subtle ways that it remains nearly invisible even to economists. A case in point involves government efforts to control prices.
The Nearly Invisible Invisible Hand
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CITE THIS ARTICLE
Cottle, Rex L., and Myles S. Wallace. “The Nearly Invisible Invisible Hand.” Journal of Libertarian Studies 5, No. 3 (1981): 341–343.