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单词 invisible hand
释义

invisible hand

noun

: a hypothetical economic force that in a freely competitive market works for the benefit of all

Example Sentences

Recent Examples on the Web Even in the calmest of times, the country’s military establishment has been the invisible hand guiding electoral politics, ushering its allies into positions of power and pushing away rivals. New York Times, 23 Aug. 2022 Adam Smith’s invisible hand of capital is an example of greatness thinking; so is its latter-day analogue, trickle-down economics. Lily Meyer, The Atlantic, 18 Aug. 2022 And never has the invisible hand of the market been more evident than in the organic growth of platforms delivering content from South Korea and other Asian countries to viewers well beyond the contintent’s borders. Cynthia Littleton, Variety, 17 Aug. 2022 It’s appealing, on the surface, the idea that the invisible hand of the market should ultimately be in charge to distribute wealth. Elizabeth Macbride, Forbes, 4 Aug. 2022 But humans, unlike meerkats or ants, don’t have to rely on the pathways to CI that our biology has hard-coded into us, or wait until the slow, invisible hand of evolution tweaks our processes. Wired, 15 Aug. 2022 The requisite features are those of the Smithian ‘invisible hand,’ as more rigorously, axiomatically defined by the Nobel Prize winning Arrow-Debreu models know to most academic economists. Robert Hockett, Forbes, 5 June 2022 Smith depended upon the process of competition to drive the invisible hand, not on individual competitors. Andrew Stuttaford, National Review, 4 Mar. 2022 No invisible hand is coming to wave our problems away. Oren Cass, National Review, 16 Mar. 2022 See More

Word History

First Known Use

1759, in the meaning defined above

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更新时间:2024/11/11 13:09:32