To put it in a vivid way, if the market is an invisible hand and modern enterprise a visible hand, then interfirm networks can be seen as enterprises "shaking hands" with each other.
"On this side of the aisle are the people that believe in free enterprise, the invisible hand, Adam Smith's vision, Adam Smith's dream," he said.
For the sake of the nation's future, we must not allow the invisible infrastructure of our scientific enterprise to suffer the same fate," he concluded.
The work of Invisibles is critical to whatever enterprise they're a part of, yet they often go unnoticed by the public.
"Invisible infrastructure" of nation's scientific enterprise is eroding, MIT president warns in Wall Street Journal op-ed.
Rather, it is a matter of faith that it advanced only through self-help and individual enterprise, guided by the invisible hand of the market.
Economists like Friedman, Meckling and Jensen thus took the Adam Smith's metaphor of "an invisible hand" and proposed a license for enterprises to pursue unbridled self-interest across an entire society.
But if the American theater is to remain an aesthetically robust enterprise, a vital step may be removing the invisible shackles from the imaginations of playwrights, making it natural — making it possible — for them to dream huge once again.
Fishing seems a simple enterprise but behind each rod and reel is an invisible and elaborate net of laws and regulations and shifting enforcement.
Well, this is America, folks, the land of capitalism and free enterprise, where wages and prices are controlled by the "invisible hand," the law of supply and demand.
