Beyond the Invisible Hand

In "Beyond the Invisible Hand," renowned economist Kaushik Basu challenges the conventional wisdom surrounding Adam Smith's famous notion of the "invisible hand." Published by Princeton University Press in 2016, this thought-provoking book delves into the complexities of economic policy and the implications of self-interest in society. With 296 pages of insightful analysis, Basu argues that the simplistic interpretation of self-interested behavior leading to societal benefit has been misapplied over the past two centuries. Through a nuanced exploration of economic theory, Basu invites readers to reconsider the foundational principles of economics and their real-world applications. Whether you are an economics enthusiast or a policy-maker, this book provides a fresh perspective on the intricate relationship between individual actions and collective welfare. Don't miss the opportunity to expand your understanding of economic dynamics with this essential read.