Friday, April 13, 2012
Blog 10
In the book Wealth of Nations by Adam Smith, the idea of the "invisible hand" is introduced. The phrase is used for the self-regulating nature of the marketplace. It is using the idea that an invisible hand is pushing a company towards what is right and best for the economy. A company does what is right by doing what is right for the environment. Some ways to do this is by having no land fills or even just handling their waste the right way. It most likely will not happen but i hope that one day all company's will not put out any waste to the environment and the environment will be clean.
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