Definitions for "Invisible hand"
Keywords:  smith, adam, pursues, scarce, laissez
Term used by Adam Smith to describe the natural force that guides free market capitalism through competition for scarce resources. see also laissez-faire, economics.
according to Adam Smith, the mechanism that leads individuals, in selfishly pursuing their own interests, to achieve the best good for all.
the force Adam Smith believed would guide free market economics ensuring that prosperity would come to all. See also laissez faire economics.