Question #8413

Do you agree with Adam smith's view that society can rely more on the "invisible hand" than on
government to promote economic prosperity?

Expert's answer

There are some issues that should be lead by Government. Other issues can be solved by “invisible hand”
Government should control those branches that are non-profitable but very necessary for society.
For example: homeless people (animals), huge investments on medicine and education.
In any case, government will influence even on free market economy using its fiscal policy.

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