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Living with the Invisible Hand

About Living with the Invisible Hand

Living with the Invisible Hand explores the crucial role the market plays in how institutions shape our lives. Waheed Hussain demonstrates how markets, just like states, act as systems of governance. The market coordinates activities of production and consumption, constantly readjusting to changing circumstances. In doing so, it changes the option sets open to individuals, drawing them into patterns that can bypass their private judgments about the merits these patterns hold. Living with the Invisible Hand provides a starting point for a different way of thinking about economic life.

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  • Language:
  • English
  • ISBN:
  • 9780197662236
  • Binding:
  • Hardback
  • Pages:
  • 256
  • Published:
  • April 20, 2023
  • Dimensions:
  • 162x21x236 mm.
  • Weight:
  • 517 g.
  In stock
Delivery: 3-5 business days
Expected delivery: November 17, 2024

Description of Living with the Invisible Hand

Living with the Invisible Hand explores the crucial role the market plays in how institutions shape our lives. Waheed Hussain demonstrates how markets, just like states, act as systems of governance. The market coordinates activities of production and consumption, constantly readjusting to changing circumstances. In doing so, it changes the option sets open to individuals, drawing them into patterns that can bypass their private judgments about the merits these patterns hold. Living with the Invisible Hand provides a starting point for a different way of thinking about economic life.

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