Why is the “hand” of the market “invisible”? Because government (and, one has to say, the general culture and mass media) keeps their eyes shut. Here’s the “blind eye” quote for the day, from this news story:

The administration’s blind eye to the impending crisis is emblematic of a philosophy that trusted market forces and discounted the need for government intervention in the economy. Its belief ironically has ushered in the most massive government intervention since the 1930s.

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