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Economics — The Invisible Hand: What Adam Smith Actually Meant
Автор: Mind Facts - Why ?
Загружено: 2026-02-13
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Is the “invisible hand” really how markets work? This video breaks down the economic theory behind the invisible hand and common misconceptions around it.
You’ll explore market incentives, coordination without central planning, externalities, and why real-world markets often diverge from idealized models. We also analyze how the concept is frequently oversimplified.
Perfect for economics students studying market theory, political economy, and economic philosophy.
#Economics #InvisibleHand #MarketTheory #AdamSmith #STEM #EconomicSystems
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