Helge Peukert: Adam Smith’s Invisible Hands

Quotable essay from ...

Adam Smith’s Invisible Hands

18 pp.
3.23 EUR
(June 05, 2023)

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„This paper presents the topic of my application lecture for the professorship in the history of economic thought in Hamburg in 2003. I have rarely experienced a more unfair, unfriendly and similarly dismissive reception of a lecture. The often misinterpreted, ingenious metaphor of the ‘invisible hand’ is here placed in the contexts intended by Smith and in relation to so-called invisible hand approaches.“ (H. Peukert)

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