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.

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