This concept is well-demonstrated through a famous example in Richard Cantillon’s "An Essay on Economic Theory (1755)," the book from which Smith developed his invisible hand concept.

When people act in their self-interest, that naturally leads to market efficiency, according to invisible hand proponents. For example, if a car manufacturer produces more minivans than they can ...

Instead, the invisible hand works best within a climate of a generally ... with copper being a good example. China is responsible for about 55% of global demand. With its economy continuing ...

An example of a rational consumer would be ... Adam Smith, who proposed the idea of an “invisible hand” moving free-market economies in the mid-1770s, is usually credited as the father ...