While the 'invisible hand' cannot guarantee efficiency, it is better at guaranteeing equity.

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The 'invisible hand' is a concept in economics that suggests that individuals pursuing their own self-interest will, in the long run, promote the greater good of society. While it can lead to efficiency in the allocation of resources, it does not prioritize equity or fairness. In fact, the pursuit of self-interest can often lead to inequality and disparities in wealth and opportunity.

While the 'Invisible Hand' Cannot Guarantee Efficiency, It Is Better