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Failures of the Invisible Hand

Summary:
Mankiw starts his econ textbook book by stating four fundamental ideas, which lie at the core of modern economic theory. These relate to the invisible hand. This talk show that all four ideas are wrong.

Topics:
Asad Zaman considers the following as important:

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Mankiw starts his econ textbook book by stating four fundamental ideas, which lie at the core of modern economic theory. These relate to the invisible hand. This talk show that all four ideas are wrong.


Asad Zaman
Physician executive. All opinions are my personal. It is okay for me to be confused as I’m learning every day. Judge me and be confused as well.

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