invisible hand

listen to the pronunciation of invisible hand
Английский Язык - Турецкий язык
(Sosyoloji, Toplumbilim) görünmez el (a. smith)
Английский Язык - Английский Язык
A metaphor for the principle that in a free market, an individual pursuing his own self-interest also tends to promote the good of his community as a whole

In short, Smith understood that the invisible hand is often benign, but not always.

An economic principle, first postulated by Adam Smith, holding that the greatest benefit to a society is brought about by individuals acting freely in a competitive marketplace in the pursuit of their own self-interest
term used to express the belief that individuals seeking their economic self-interest benefit society more than they would if they tried to benefit society directly
invisible hand

    Расстановка переносов

    in·vis·i·ble Hand

    Турецкое произношение

    învîzıbıl händ

    Произношение

    /ənˈvəzəbəl ˈhand/ /ɪnˈvɪzəbəl ˈhænd/

    Этимология

    () Coined by Adam Smith in The Wealth of Nations. Influenced by and echoing earlier use as "the hand of God". See Etymology citations
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