In beyond the invisible hand kaushik basu argues that mainstream economics and its conservative popularizers have misrepresented smiths insight and hampered our understanding of how economies. As basu says in the final chapter of this thoughtful and penetrating volume beyond the invisible hand tries to lay the groundwork for a manifesto but cannot pass for one basu stands clearly and firmly in two traditions the first is progressive humanism for which the goal of social policy is to create conditions that promote the well being and dignity of all morally worthy citizens of . In beyond the invisible hand kaushik basu argues that mainstream economics and its conservative popularizers have misrepresented smiths insight and hampered our understanding of how economies. In beyond the invisible hand kaushik basu argues that mainstream economics and its conservative popularizers have misrepresented smiths insight and hampered our understanding of how economies. Citation information beyond the invisible hand groundwork for a new economics princeton university press 2010 pages vii viii isbn online 9781400836277