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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. • Please like, comment and subscribe if you've enjoyed this video. • To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message. • Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to [email protected], any and all support is greatly appreciated! • Oh and I've also started playing around with Patreon, my link is: •   / oneminuteeconomics   • Interested in reading a good book? • My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below: • Amazon - https://www.amazon.com/Wealth-Managem... • Barnes Noble - http://www.barnesandnoble.com/w/wealt... • iBooks (Apple) - https://itun.es/us/wYSveb.l • Kobo - https://store.kobobooks.com/en-us/ebo... • My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below. • Amazon - https://www.amazon.com/Age-Anomaly-Sp... • Barnes Noble - https://www.barnesandnoble.com/w/the-... • iBooks (Apple) - https://itunes.apple.com/us/book/age-... • Kobo - https://www.kobo.com/ww/en/ebook/the-... • Last but not least, if you'd like to follow me on social media, use one of the links below: •   / oneminuteeconomics   •   / andreipolgar   •   / andrei-polgar-9a11a561  

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