invisible hand

American  

[in-viz-uh-buhl hand] / ɪnˈvɪz ə bəl ˈhænd /

noun

1. (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.

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invisible hand Cultural  

1. 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.

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Etymology

Origin of invisible hand

First recorded in 1775–80

Example Sentences

A flute of champagne is pressed on me by an invisible hand, probably from the store’s mezzanine café.

From Literature

But by then I had grown a little wiser, wise enough to trust Olka’s invisible hand, and Adek’s, too.

From Literature

LNG is that the invisible hand of the market has shaped production increases, flows, and commercial deals.

From Barron's

So, it may not rate as much of a surprise if, as Hartnett et al. put it, there is a further transition from an “invisible hand” of the market to the “visible fist” of government controls.

From Barron's

So, it may not rate as much of a surprise if, as Hartnett et al. put it, there is a further transition from an “invisible hand” of the market to the “visible fist” of government controls.

From Barron's