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Warren J. Samuels

Erasing the Invisible Hand

Essays on an Elusive and Misused Concept in Economics

Ebook (EPUB Format)

This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. The essays further show how Smith was silent as to his intended meaning, using the term to set minds at rest; how the claim that the invisible hand is the foundational concept of economics is repudiated by numerous leading economic theorists; that several dozen identities given the invisible hand renders the term… Mehr

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Produktdetails

  • ISBN: 978-1-139-12419-5
  • EAN: 9781139124195
  • Produktnummer: 24095258
  • Verlag: Cambridge University Press
  • Sprache: Englisch
  • Erscheinungsjahr: 2011
  • Seitenangabe: 0 S.
  • Plattform: EPUB
  • Masse: 506 KB

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