What is the difference between "the invisible hand" and the practice of laissez-faire economics?

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Quizplus · Accepted Answer

The invisible hand is a metaphor introduced by Adam Smith, a key figure in classical liberalism, to describe the self-regulating nature of the market. Laissez-faire economics, which advocates for minimal government intervention in the economy, is a principle that aligns with the concept of the invisible hand. Both are foundational concepts in classical liberal economic thought, indicating there is no fundamental difference in their ideological roots.

What Is the Difference Between "The Invisible Hand" and the Practice