Hidden Hands: The Lives of Manuscripts and Their Makers

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Quinn, Jimmy (23 June 2020). "The Strange Attempt to Stop a New Book on China's Global Influence". National Review. Archived from the original on 30 August 2020 . Retrieved 28 September 2020.

Households maximize a utility function u h ( x h , z h ) {\displaystyle u Fire burns, and water refreshes; heavy bodies descend, and lighter substances fly upwards, by the necessity of their own nature; nor was the invisible hand of Jupiter ever apprehended to be employed in those matters. [24] Invisible Hand: How Is the Chinese Communist Party Reshaping the World? (見えない手 中国共産党は世界をどう作り変えるか)". Asuka Shinsha Publishing (in Japanese). December 2020 . Retrieved 26 December 2020.

Church Times/RSCM:

But a capital employed in the home-trade, it has already been shown, necessarily puts into motion a greater quantity of domestic industry, and gives revenue and employment to a greater number of the inhabitants of the country, than an equal capital employed in the foreign trade of consumption: and one employed in the foreign trade of consumption has the same advantage over an equal capital employed in the carrying trade. Upon equal, or only nearly equal profits, therefore, every individual naturally inclines to employ his capital in the manner in which it is likely to afford the greatest support to domestic industry, and to give revenue and employment to the greatest number of people of his own country. [19] There is only one instance where the invisible hand is explicitly mentioned in The Wealth of Nations, that is in Book IV, Chapter II titled ' Of Restraints Upon the Importation from Foreign Countries of Such Goods as Can Be Produced at Home'. Essentially, the invisible hand refers to the unintended positive consequences self-interest has on the promotion of public welfare. [22] [2]

Adam Smith starts by presenting the principle of self-interest and advances the conclusion he will reach near the end of the chapter, namely that self-interest results in public welfare: Hidden Hand" redirects here. For the 2020 book, see Hidden Hand (book). The Emperor Napoleon in His Study at the Tuileries (1812), exhibiting the hand-in-waistcoat gesture According to Emma Rothschild, Smith was actually being ironic in his use of the term. [38] Warren Samuels described it as "a means of relating modern high theory to Adam Smith and, as such, an interesting example in the development of language." [39] Bishop Butler argued that pursuing the public good was the best way of advancing one's own good since the two were necessarily identical.Hidden Hands tells the stories of the artisans, artists, scribes and readers, patrons and collectors who made and kept the beautiful, fragile objects that have survived the ravages of fire, water and deliberate destruction to form a picture of both English culture and the wider European culture of which it is part. The Nobel Prize-winning economist Joseph E. Stiglitz, says: "the reason that the invisible hand often seems invisible is that it is often not there." [41] [42] Stiglitz explains his position: Lord Shaftesbury turned the convergence of public and private good around, claiming that acting in accordance with one's self-interest produces socially beneficial results. An underlying unifying force that Shaftesbury called the "Will of Nature" maintains equilibrium, congruency, and harmony. This force, to operate freely, requires the individual pursuit of rational self-interest, and the preservation and advancement of the self.