1. Liberalism
... , individuals are inadvertently promoting the public good. The mechanism, which intervenes between the motives of the individual and `ends' of society as a whole, is what Smith referred to as `an invisible hand'. Although Smith believed that the natural harmony between individual and state did not extend to a harmony between states (Wyatt?Walter 1996: 28) this is precisely what was emphasized by ... ...
- Word Count: 3075
- Approx Pages: 12
- Has Bibliography
- Grade Level: Undergraduate