The Visible Hand

The Visible Hand: The Managerial Revolution in American Business
AuthorAlfred D. Chandler Jr.
LanguageEnglish
Genrehistory
PublisherBelknap Press
Publication date
1977
Publication placeUnited States
Pages608
AwardsPulitzer Prize for History
ISBN9780674940529

The Visible Hand: The Managerial Revolution in American Business is a book by American business historian Alfred D. Chandler Jr., published by the Belknap Press imprint of Harvard University Press in 1977. Chandler argues that in the nineteenth century, Adam Smith's invisible hand was supplanted by the "visible hand" of middle management, which became "the most powerful institution in the American economy".[1]

The Visible Hand was awarded the 1978 Pulitzer Prize for History and the Bancroft Prize of Columbia University.[2]

  1. ^ "Harvard Business School Professor Alfred D. Chandler, Jr., Preeminent Business Historian, Dead at 88". AScribe. May 11, 2007. Archived from the original on March 25, 2016. Retrieved December 9, 2012.
  2. ^ "Noted Economic Historian Alfred Chandler Jr., 88". The Washington Post. May 14, 2007. Archived from the original on March 11, 2016. Retrieved December 9, 2012.

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