Serviços Personalizados
Journal
Artigo
Indicadores
Citado por SciELO
Acessos
Links relacionados
Citado por Google
Similares em SciELO
Similares em Google
Compartilhar
Revista de Economía Institucional
versão impressa ISSN 0124-5996
Resumo
BARRERA-G., Rafael A.; GALLARDO, Alvaro e MUNOZ-DAGUA, Clarena. Smith's invisible hand. An approach from metaphorical analysis. Rev.econ.inst. [online]. 2023, vol.25, n.49, pp.87-108. Epub 02-Nov-2023. ISSN 0124-5996. https://doi.org/10.18601/01245996.v25n49.05.
The invisible hand of the market is the metaphor that founds the modern economy. Indeed, Adam Smith's reference in The Wealth of Nations to the self-regulation capacity of the market marks, in some way, the theoretical and practical developments of the economy. We use two interpretations of the invisible hand metaphor: unintended consequences and divine order, which lead us to reflect on the role of this metaphor in economic science. In this context, the article shows the potential and multifunctionality of the invisible hand of the market. Methodologically, the analysis proposed by Andrew Goatly on metaphor in discourse is used as a valuable resource to explain abstract concepts
JEL: B12, B31, Z13.
Palavras-chave : Adam Smith; Invisible Hand; Metaphor.