“In practice, without appropriate government intervention, Smith's "invisible hand" dons brass knuckles and conducts gang warfare, creating fierce battles between competitors who would be more than happy to define and enforce their own private property interests according to their own subjective rules.” HandsGovernmentWould BeInterestPracticeBattleCreatingPropertyLibertarianInvisibleAppropriateFierceWarfareCompetitorsSubjectiveGangInterventionPrivate PropertyBrassKnucklesInvisible HandGovernment Intervention Author:Denise Caruso
