Whatever Happened to Britain?: The Economics of Decline

John Eatwell

Oxford University Press

Money

PALGRAVE~MACMILLAN

This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on the theory of the invisible hand, an idea central to political economy from de Mandeville to John Stuart Mill and beyond. The origins and development of that powerful concept and its impact on more recent discussions of equilibrium and free market competition are explored in these essayys.

The Invisible Hand (The New Palgrave Series)

Reference

Utility and Probability (The New Palgrave Series)

Utility and Probability

Business & Money

Murray Milgate

Peter Newman (Editors)

Economics

Macmillan

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Books by John Eatwell