Adam Smith's* Invisible Hand Explained in One Minute: Definition, Theory & Controversies

There's quite a bit of controversy surrounding Adam Smith's invisible hand. In fact, it's even highly debated just what kind of a role Adam Smith had when it comes to the invisible hand concept, since the term "invisible hand" has only been mentioned three times in his writings.

Still, nobody can deny that the invisible hand is one of the most popular terms in the world of economics. Theories surrounding the invisible hand abound and unfortunately, so do controversies.

Through this video, the term "invisible hand" has been defined as well as explained or in other words, we'll cover everything from definition to controversies in one minute.

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