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Quotes by Invisible Hand

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.

Adam Smith
invisible-hand government business

By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.

Adam Smith
invisible-hand individual done

Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society which he has in view. But the study of his own advantage naturally, or rather necessarily, leads him to prefer that employment which is most advantageous to society... He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention

Adam Smith
invisible-hand views hands
I have never known much good done by those who affected to trade... by Adam Smith

I have never known much good done by those who affected to trade for the public good.

Adam Smith
economic-order invisible-hand government

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.

Adam Smith
invisible-hand competition people
He is led by an invisible hand to promote an end which was no par... by Adam Smith

He is led by an invisible hand to promote an end which was no part of his intention

Adam Smith
invisible-hand ignorance hands

It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.

Adam Smith
invisible-hand kings people

What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.

Adam Smith
invisible-hand economic kingdoms

Every individual necessarily labors to render the annual revenue of society as great as he can. He generally neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is, in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention.

Adam Smith
invisible-hand liberty hands

Something in my gut twisted so hard that it felt like I was being tickled by an invisible hand, and it took me a moment to realize what it was. Hope. It had been so long since I'd felt it that the sensation was like something living inside me, something wonderful waiting to break free, just like I was.

Alexander Gordon Smith
invisible-hand long hands
The border is a marketplace. The invisible hand of the powerful g... by Amitava Kumar

The border is a marketplace. The invisible hand of the powerful governs the crossings.

Amitava Kumar
invisible-hand powerful hands

Americans have always pursued our dreams within a free market that has been the engine of our progress. It's a market that has created a prosperity that is the envy of the world, and rewarded the innovators and risk-takers who have made America a beacon of science, and technology, and discovery. But the American economy has worked in large part because we have guided the market's invisible hand with a higher principle - that America prospers when all Americans can prosper. That is why we have put in place rules of the road to make competition fair, and open, and honest.

Barack Obama
invisible-hand technology dream

As the great naturalist Charles Darwin saw clearly, individual and collective interests often coincide, as in the invisible hand narrative. But he also saw that in many other cases, interests at the two levels are squarely in conflict, and that in those cases, individual interests generally trump. That simple observation suggests that market failure is often the result not of insufficient competition (the traditional charge from social critics on the Left), but of the very logic of competition itself.

Bob Frank
invisible-hand simple two

The net effect of increasing scale, centralization of capital, vertical integration and diversification within the corporate form of enterprise has been to replace the 'invisible hand' of the market by the 'visible hand' of the managers.

David Harvey
invisible-hand form hands

The effect of capitalism is to steer human selfishness so that, through the invisible hand of competition, the energies of the capitalist produce the abundance from which the whole society benefits.

Dinesh D'Souza
invisible-hand competition hands
Sometimes, when I wake up at night, I feel invisible hands weavin... by Fernando Pessoa

Sometimes, when I wake up at night, I feel invisible hands weaving my destiny.

Fernando Pessoa
invisible-hand destiny night

That invisible hand of Adam Smith seems to offer an extended middle finger to an awful lot of people.

George Carlin
invisible-hand hands people

While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.

Herman E. Daly
invisible-hand feet hands

[Margaret Thatcher] was the invisible hand behind it. Without that, there'd be no Trainspotting and no Filth.

Irvine Welsh
invisible-hand trainspotting hands

This it is that gives a majesty so pure and touching to the historic figure of Christ; self-abandonment to God, uttermost surrender, without reserve or stipulation, to the guidance of the Holy Spirit from the Soul of souls; pause in no darkness; hesitation in no perplexity, recoil in no extremity of anguish, but a gentle unfaltering hold of the invisible Hand, of the Only Holy and All Good--these are the features that have made Jesus of Nazareth the dearest and most sacred image to the heart of so many ages.

James Martineau
invisible-hand heart jesus
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