Answer to Question #8413 in Finance for king

Question

Do you agree with Adam smith's view that society can rely more on the "invisible hand" than on
government to promote economic prosperity?

Answer 1

There are some issues that should be lead by Government. Other issues can be solved by “invisible hand”
Government should control those branches that are non-profitable but very necessary for society.
For example: homeless people (animals), huge investments on medicine and education.
In any case, government will influence even on free market economy using its fiscal policy.