Matthew Bishop, LinkedIn, September 15, 2014
Adam Smith, the great Scottish economist and philosopher, famously described market forces as “an invisible hand” that seemed to drive businesses to deliver what society needs. The financial crash of 2008 highlighted that modern business, with its global scale and complexity, is less reliable than Smith’s 18th Century capitalism; sometimes the invisible hand can do serious damage to society and the planet. What is needed is an “invisible heart” to guide the invisible hand in the right direction. […read more]