invisible hand
التعريفات والمعاني
== English ==
=== Etymology ===
Coined by Adam Smith in The Wealth of Nations. Influenced by and echoing earlier use as "the hand of God". See Etymology citations.
=== Noun ===
invisible hand (plural invisible hands)
(economics) 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.
==== Usage notes ====
Though Adam Smith's original reference discusses only domestic versus foreign trade, the concept is nearly always generalized economically beyond this narrow scope.
==== Translations ====