"The Invisible Hand"
Definition: {from wikipedia}The invisible hand is a Metaphor coined by the Economist Adam Smith. Once in The Wealth of Nations and other writings, Smith demonstrated that, in a free market, an individual pursuing his own self-interest tends to also promote the good of his community as a whole through a principle that he called “the invisible hand”. He argued that each individual maximizing revenue for himself maximizes the total revenue of society as a whole, as this is identical with the sum total of individual revenues.
May be this holds true for the present slump in the economy, all over the world(except the terrorist, and the defense budgets). The value of everything was shooting high, you like something and wanted to buy, what's the price! okay, see you. The land(not only land but everything) rate, the rents were obscenely rising, everybody was abusing the real value. It has to come down to reality some how i guess it did, not completely, but to some extent. Its the work of the invisible hand.
Just for fun, did we hear the terrorist using kitchen knives to hijack a plane, we got only the kitchen knives, a price cut measures.I would like to see a spoof movie on these line.
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