Erasing the Invisible Hand

Erasing the Invisible Hand
Author :
Publisher : Cambridge University Press
Total Pages : 0
Release :
ISBN-10 : 1107613167
ISBN-13 : 9781107613164
Rating : 4/5 (164 Downloads)

Book Synopsis Erasing the Invisible Hand by : Warren J. Samuels

Download or read book Erasing the Invisible Hand written by Warren J. Samuels and published by Cambridge University Press. This book was released on 2014-04-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 ambiguous and inconclusive; that no such thing as an invisible hand exists; and that calling something an invisible hand adds nothing to knowledge. Finally, the essays show that the leading doctrines purporting to claim an invisible hand for the case for capitalism cannot invoke the term but that other nonnormative invisible hand processes are still useful tools.


Erasing the Invisible Hand Related Books

Invoking the Invisible Hand
Language: en
Pages: 276
Authors: Robert Asen
Categories: Language Arts & Disciplines
Type: BOOK - Published: 2009-03-02 - Publisher: MSU Press

DOWNLOAD EBOOK

In Invoking the Invisible Hand Robert Asen scrutinizes contemporary debates over proposals to privatize Social Security. Asen argues that a rights-based rhetori
Erasing the Invisible Hand
Language: en
Pages: 0
Authors: Warren J. Samuels
Categories: Business & Economics
Type: BOOK - Published: 2014-04-14 - Publisher: Cambridge University Press

DOWNLOAD EBOOK

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, know
Who Cooked Adam Smith's Dinner?
Language: en
Pages: 158
Authors: Katrine Marcal
Categories: Business & Economics
Type: BOOK - Published: 2016-06-07 - Publisher: Simon and Schuster

DOWNLOAD EBOOK

How do you get your dinner? That is the basic question of economics. When economist and philosopher Adam Smith proclaimed that all our actions were motivated by
The Grabbing Hand
Language: en
Pages: 296
Authors: Andrei Shleifer
Categories: Business & Economics
Type: BOOK - Published: 1998 - Publisher: Harvard University Press

DOWNLOAD EBOOK

In many countries, public sector institutions impose heavy burdens on economic life. As a consequence of predatory policies, entrepreneurship lingers and econom
The Invisible Hand in Popular Culture
Language: en
Pages: 490
Authors: Paul Arthur Cantor
Categories: Social Science
Type: BOOK - Published: 2012-11-05 - Publisher: University Press of Kentucky

DOWNLOAD EBOOK

Popular culture often champions freedom as the fundamentally American way of life and celebrates the virtues of independence and self-reliance. But film and tel