1.9K views · 98 reactions | "Adam Smith is often cited for one of his insights called The Invisible Hand, which says that the pursuit of self-interest leads as if by an invisible hand to the well-being of everybody in society. "The interesting thing is Adam Smith didn't believe it." - Joseph E. Stiglitz Watch the full webinar with Joseph E. Stiglitz and Richard Denniss, 'The Role of Government in the Modern Economy' here  https://youtu.be/buUp50yRWxU | The Australia Institute | Facebook

12K views · 156 reactions | Aidan Turner explains Adam Smith's theory of the 'invisible hand' in 2 minutes. | BBC Radio 4 | Facebook