invisible hand


noun

(in the economics of Adam Smith) an unseen force or mechanism that guides individuals to unwittingly benefit society through the pursuit of their private interests.

Nearby words

  1. inviscid,
  2. invisibility,
  3. invisible,
  4. invisible balance,
  5. invisible glass,
  6. invisible ink,
  7. invisible man,
  8. invisible man, the,
  9. invisible shadow,
  10. invision

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


Culture definitions for in-visible hand

invisible hand

A term used by Adam Smith to describe his belief that individuals seeking their economic self-interest actually benefit society more than they would if they tried to benefit society directly. The statement “What's good for the country is good for General Motors, and vice versa” expresses essentially the same belief.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.