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The Road to Serfdomshowed how good intentions go awry, how socialist government led, as if by a hidden hand, to compromised freedoms and, eventually, totalitarianism.
FORBES: Digital Rules
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After more than a century trying to prove the opposite, economic theorists investigating the matter finally concluded in the 1970s that there is no reason to believe markets are led, as if by an invisible hand, to an optimal equilibrium or any equilibrium at all.
FORBES: The Death of Macroeconomics: There is No Invisible Hand
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What is required is a statutory device adopted by both Europe and the U.S. by which the dollar and euro can be fixed to one another through gold, in consequence of which all other currencies would be compelled "as if by a hidden hand" to align themselves properly with gold through the dollar or euro.
FORBES: Magazine Article