Scholarly Comments on Academic Economics

A Reply to Daniel Klein on Adam Smith and the Invisible Hand


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The May 2009 issue of this journal featured a two-part exchange between myself and Daniel Klein on the meaning and significance of the expression “invisible hand” in the writings of Adam Smith. In his comment on my piece, Klein imputed much larger, and, in my view, extraneous meaning to it. Here I conclude the exchange by responding to Klein’s comment.

This article is a response to In Adam Smith’s Invisible Hands: Comment on Gavin Kennedy by Daniel B. Klein (EJW, May 2009).