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Hardcover The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas Book
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ISBN: 0691122962

ISBN13: 9780691122960

The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas

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Format: Hardcover

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Book Overview

Adam Smith turned economic theory on its head in 1776 when he declared that the pursuit of self-interest mediated by the market itself--not by government--led, via an invisible hand, to the greatest possible welfare for society as a whole. The Hesitant Hand examines how subsequent economic thinkers have challenged or reaffirmed Smith's doctrine, some contending that society needs government to intervene on its behalf when the marketplace falters,...

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