Monday, November 9, 2015

Gavin Kennedy — At Least One Other Author Sees Through The Modern Myth Of The Invisible Hand

“Yeger”posts on Opinion HERE “The fabricated myth of the invisible hand”
This is the nearest anyone else has gotten to the truth about Adam Smith’s meaning embedded in his reference to the “invisible hand” in only three times that he mentioned it in all of his published Work….
Adam Smith's Lost Legacy
Gavin Kennedy | Professor Emeritus, Heriot Watt University

2 comments:

Andy Blatchford said...

The guy has some great vids on his YouTube channel, lots based on Steve Keens debunking economics, well worth checking out.

Kaivey said...

Adam Smith was all for the aristocracy throwing the peasants off the land and forcing them to work in their miserable factories. The peasants found it more profitable to farm the land and only worked a few days per week. So the ruling class got the king to ban all hunting, fishing, and farming on his land, but the royalty owned nearly all the land. Peasants were forced starving into the cities to find work. Rather than the Invisible Hand, it was the invisible handcuffs and the iron rule of the law.