Erasing the invisible hand :b essays on an elusive and misused concept in economics /c Warren J. Samuels ; with the assistance of Marianne F. Johnson and William H. Perry

  • 0 Ratings
  • 0 Want to read
  • 0 Currently reading
  • 0 Have read
Erasing the invisible hand :b essays on an el ...
Warren J. Samuels
Not in Library

My Reading Lists:

Create a new list

Check-In

×Close
Add an optional check-in date. Check-in dates are used to track yearly reading goals.
Today

  • 0 Ratings
  • 0 Want to read
  • 0 Currently reading
  • 0 Have read

Buy this book

Last edited by MARC Bot
December 22, 2022 | History

Erasing the invisible hand :b essays on an elusive and misused concept in economics /c Warren J. Samuels ; with the assistance of Marianne F. Johnson and William H. Perry

  • 0 Ratings
  • 0 Want to read
  • 0 Currently reading
  • 0 Have read

"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"--

Publish Date
Language
English
Pages
329

Buy this book

Book Details


Edition Notes

Includes bibliographical references (p. 297-315) and index.

Published in
Cambridge, New York

Classifications

Dewey Decimal Class
330.12/2
Library of Congress
HB95 .S27 2011

The Physical Object

Pagination
xxviii, 329 p. ;
Number of pages
329

ID Numbers

Open Library
OL25101338M
ISBN 13
9780521517256
LCCN
2011002436
OCLC/WorldCat
698029523

Community Reviews (0)

Feedback?
No community reviews have been submitted for this work.

Lists

This work does not appear on any lists.

History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
December 22, 2022 Edited by MARC Bot import existing book
September 25, 2020 Edited by MARC Bot import existing book
August 21, 2020 Edited by ImportBot import existing book
November 16, 2011 Created by LC Bot Imported from Library of Congress MARC record