Two Invisible Hands of Adam Smith: Revision history

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11 October 2025

  • curprev 05:2305:23, 11 October 2025Mbauwens talk contribs 6,042 bytes +6,042 Created page with " =Discussion= O.G. Rose: "In Smith’s Theory of Moral Sentiments, the emphasis is on a “high order” coordination that spreads ethics and empathy, whereas in The Wealth of Nations, Smith is using the same metaphor to describe what we more commonly today understand “the invisible hand” to be describing: ‘As every individual, therefore, endeavors as much as he can both to employ his capital in the support of domestic industry, and so to direct that industry th..."