There Is No Invisible Hand - Jonathan Schlefer - Harvard Business Review

The best kept secret: There is no invisible hand. 

According to this Harvard Business Review article, “one of the best-kept secrets in economics is that there is no case for the invisible hand.” Jonathan Schlefer explores why this has become a rumor that just won’t die and how it’s affected the euro crisis. Even for those not well-versed in economics, this is an interesting read.