Excerpt from An Inquiry into the Nature and Causes of the Wealth of Nations. McCulloch edition. Collection of original works owned by Liberty Fund, Inc.
Adam Smith. Detail from frontispiece and title page from the Wealth of Nations, McCulloch edition.

Adam Smith
Adam Smith on the Invisible Hand

Adam Smith used the phrase "led by an invisible hand to promote an end which was no part of his intention" to capture the subtle economic forces that lead individuals to take actions which often result in ends beneficial to others, even when they focus only on their own economic self-interest.

CEE BIO of Adam Smith