The Invisible Hand


Read, Leonard, I, Pencil.

    Charming illustration of the workings of the invisible hand to guide the market and coordinate the division of labor in producing even the simplest of objects—a pencil. As told by the pencil itself. Difficulty Level 0: High School

Smith, Adam, An Inquiry into the Nature and Causes of the Wealth of Nations par. IV.2.9

    Smith, who coined the term "the invisible hand," here illustrates it. Brief Review of the book.