follow Dictionary.com

Today's Word of the Day means...

invisible hand

noun
1.
(in the economics of Adam Smith) an unseen force or mechanism that guides individuals to unwittingly benefit society through the pursuit of their private interests.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
invisible-hand in Culture

invisible hand definition


A term used by Adam Smith to describe his belief that individuals seeking their economic self-interest actually benefit society more than they would if they tried to benefit society directly. The statement “What's good for the country is good for General Motors, and vice versa” expresses essentially the same belief.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source

Word of The Day

Difficulty index for invisible hand

Few English speakers likely know this word

Word Value for invisible

14
18
Scrabble Words With Friends

Quotes with invisible-hand