The Library of Economics and Liberty logo

    Economics Reading Lists by Topic

    Advanced Book Search
    Advanced Site Search     		A. R. J. Turgot
    A. R. J. Turgot
    Home
    Books
    Encyclopedia
    Articles
    Topics
    •Micro
    Macro
    International
    Finance
    Public Sector
    Population
    Labor
    Law
    IO
    Growth
    History
    Methodology
    Fiction
    Data
    Links
     
    Register for Econlib News
    FAQ and Help
    Topic: 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.

    Return to top

    Copyright ©: 1999-2004, Liberty Fund.
    The cuneiform inscription in the logo is the earliest-known written appearance of the word "freedom" (amagi), or "liberty." It is taken from a clay document written about 2300 B.C. in the Sumerian city-state of Lagash.
    Picture of A. R. J. Turgot courtesy of The Warren J. Samuels Portrait Collection at Duke University.
    The URL for this site is: http://www.econlib.org. Please direct questions or comments about the website to webmaster@econlib.org.