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Hesitant Hand by Medema, Steven
Hesitant Hand: Taming Self-Interest in the History of Economic Ideas
by Medema, Steven
 
Adam Smith turned economic theory on its head when he declared that the pursuit of self-interest led, via an invisible hand, to the greatest possible welfare for society as a whole. Steven Medema examines how subsequent economic thinkers have challenged or reaffirmed Smith's doctrine, some contending that society needs government to intervene on its behalf, others arguing that government interference ultimately benefits neither the market nor society.
 
Published 20110306 by Princeton, Paperback, 248 Pages, ISBN: 9780691150000, ISBN-10: 0691150001, List Price $36.95.

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