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The Invisible Hand - 60 Second Adventures in Economics (1/6)

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Economist, Adam Smith, used the term The Invisible Hand to describe the self-regulating nature of the marketplace - a core concept for so-called free-marketeers.

(Part 1 of 6)
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Transcript link - http://podcast.open.ac.uk/feeds/3998_youtubeuploadsfriday/transcript/41502_160114_354_st.pdf

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