What is WRONG With the Invisible Hand?!

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  • Опубліковано 29 тра 2024
  • One of the most frequently invoked, but also distorted and misunderstood metaphors in the history of economic thought is the term invisible hand - it deserves more attention.
    Learn Austrian Economics in a fun way!
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    Econ Clips is an economic blog. Our objective is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, inflation, money, investing, monetary systems, financial markets, financial institutions, cental banks, wealth, financial crises and business cycles. If you want to know how the economy works and understand why it works this way - join us on econclips.com and learn Austrian Economics in a fun way!

КОМЕНТАРІ • 9

  • @antonburdin9756
    @antonburdin9756 9 місяців тому +3

    What is wrong about arguments of Stiglitz?

  • @105rogue
    @105rogue 10 місяців тому +2

    Love the channel! Keep up the videos! Love them!

  • @justStardust940
    @justStardust940 10 місяців тому +1

    great video but i wish you didn't put animations in front of the text of adam's smith? it's invisible hand, not invisible text. it's too brilliant to be covered

  • @marunio435
    @marunio435 11 місяців тому +1

    It's great that you show us these dinosaurs of economy. We must know where we are from.

  • @idoko327
    @idoko327 10 місяців тому +1

    Top-notch.., really cool.❤

  • @detectiveofmoneypolitics
    @detectiveofmoneypolitics 8 місяців тому

    Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank

  • @2vnews902
    @2vnews902 11 місяців тому +11

    The invisible hand of the free market is better than the magic middle finger of government.

  • @2vnews902
    @2vnews902 11 місяців тому +6

    The invisible hand = personal choices without centralized political control.

  • @LovingPrinceTamayuki
    @LovingPrinceTamayuki 11 місяців тому

    Perhaps a subconscious GPS?