Friday, December 01, 2006

An Austrian view on invisible hands?

A correspondent has sent me a photocopy of the entry in Palgrave, vol. 2, on ‘Invisible hand’ pp 997-99, by Karen I. Vaughan (for which I am most grateful). I will read it tonight and think about composing a comment, probably on Saturday.

He says, that Vaughan is an ‘Austrian economist’ (Mises, I presume) and that I may wish to take note of what she writes. A glance at the opening paragraphs suggests that the article is worth close study.

If any readers have similar references to any aspect of Smith’s work, I would be most grateful to read them and, perhaps, comment.


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