Adam Smith’s ‘invisible hand’ operates in the free market system, with active competition, that aligns the self-interests of individuals with the…
Adam Smith’s ‘invisible hand’ operates in the free market system, with active competition, that aligns the self-interests of individuals with the public interests. What exactly is the “public interest”? The basic foundation of the Management education just like the Economics education relies on the principle of ‘self-interest’. You really need to think about this one.
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