Let me tell you about this Invisible Hand. Many of you will remember that the phrase originally comes from the economist Adam Smith who believed that the actions of a free market work like an “invisible hand” to assure that the activities of many individuals, though seemingly self-interested, result in benefits for the common good. Ever since Ronald Reagan studied classical economics at Eureka College, Adam Smith was his hero. So everybody in the Administration quoted Adam Smith. Neckties with little Adam Smith busts on them festooned every male conservative chest in Washington when I was there. You had a wide range of choices: there were green Adam Smith neckties, maroon Adam Smith neckties, red, white and blue Adam Smith neckties. For a while, I didn’t think Ed Meese owned any other kind of tie. There were even Adam Smith scarves for the women. If Ronald Reagan had been allowed to run for a third term I imagine there would have been Adam Smith hats and Adam Smith raincoats.