Quarterly Journal of Austrian Economics

Cantillon and the Invisible Hand

The Quarterly Journal of Austrian Economics

Volume 12, No. 2 (2009)


The invisible hand remains an important foundation of economic analysis, continues to be a source of new analytical and explanatory devices, and is the conceptual basis of a whole class of scientific models throughout the sciences. Indeed, Smith’s famous concept has experienced a resurgence of interest as several new interpretations of the concept have been published in the leading general-interest economic journals and those that specialize in the history of economic thought.


Thornton, Mark. "Cantillon and the Invisible Hand." The Quarterly Journal of Austrian Economics 12, No. 2 (2009) 27–46.

All Rights Reserved ©
Support Liberty

The Mises Institute exists solely on voluntary contributions from readers like you. Support our students and faculty in their work for Austrian economics, freedom, and peace.

Donate today
Group photo of Mises staff and fellows