Biggest News Aggregation in the World
📰 Pg 16 News

Pg 16 News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Pg 16. Real-time updates on events, politics, business and more.

When the hand on the economic rudder trembles

When the hand on the economic rudder trembles 31 January 2021 - 00:00 By Makhudu Sefara In The Theory of Moral Sentiments, philosopher and economist Adam Smith coins a phrase, "the invisible hand", to describe the unintended, but welcome, economic benefits that accrue to society from an individuals pursuit of self-interest. When an entrepreneur sets up a firm and pursues maximisation of profits, as all business people do, society derives some benefit, even if this is unknown to or misun...
Adam Smith Makhudu Sefara Moral Sentiments Sunday Times Business Day Financial Mail

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science