The Other Invisible Hand

The other invisible hand is a way of thinking about economics that looks at the idea that people's decisions about how to spend, save, and invest their money (or other resources, like time) help to make the world a better place. It contrasts with the traditional idea of economics which believes that markets are the best way to allocate scarce resources. The other invisible hand believes that people's decisions, no matter how small, can have a big impact on their environment and the lives of others. For example, if someone decides to invest in clean energy, it could help reduce the amount of pollution in the environment. Other people's decisions about what to buy or where to invest can also cause positive change in the world.