In economics, the invisible hand of the market is a metaphor used - TopicsExpress

In economics, the invisible hand of the market is a metaphor used by Adam Smith to describe the self-regulating behavior of the marketplace. Individuals can make profit, and maximize it without the need for government intervention. The exact phrase is used just three times in Smiths writings, but has come to capture his important claim that individuals efforts to maximize their own gains in a free market may benefit society, even if the ambitious have no benevolent intentions. Smith came up with the two meanings of the phrase from Richard Cantillon who developed both economic applications in his model of the isolated estate.

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