Today in school I am learning about the invisible hand. The person who came up with this theory is Adam Smith. Adam Smith was an economist that wrote famous books and became very successful. He wrote the theory of the "invisible hand". The invisible hand is a natural phenomenon that guides free markets and capitalism though competition for rare items. The invisible hand is a double-edged sword. It will help you and can not help you. An example is the company Coca-Cola company, in the 1980's they changed their recipe and people disliked it very strongly and had to go back to the old recipe. A good side of the invisible hand is benefiting yourself such as making a light bulb so you can become rich and you are helping people so they can have light.
Sources: investorpedia.com
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