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) Playlist link - Transcript link - Free learning from The Open University - What is economics? Study a free course on Managing my money at the Open University Study R30 BA (Honours) Economics The Open University is the world’s leading provider of flexible, high-quality online degrees and distance learning, serving students across the globe with highly respected degree qualifications, and the triple-accredited MBA. The O
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