AConservativeEdge

February 18, 2009

The Invisible Hand Is As Certain As The Law Of Gravity

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Walter Williams TownHall.com

Adam Smith continues, “He is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. … By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it.” And later he adds, “It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest.”

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