Adam Smith and Milton Friedman on an Invisible Hand
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Submitted by yadranko on Tue, 11/18/2014 - 16:47
"People who intend only to seek their own benefit are led by invisible hand to serve public interest which was no part of their intention." - Adam Smith
"People who intend only to serve public interest are led by invisible hand to private interest which was no part of their intention." - Milton Friedman
- authenticity of the Friedman's quote is unconfirmed and may have been invented.