In the tragedy of the Commons, Hardin refutes Adam Smith's invisible hand by arguing that the self-interests of each individual do not always translate into the promotion of the public good for everyone.

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Hardin argues that in certain situations, such as the overuse of shared resources in the Commons, an individual's self-interests can actually harm the collective good. Therefore, he refutes Adam Smith's notion that individuals acting in their own self-interest will automatically lead to the best outcomes for society as a whole.

In the Tragedy of the Commons, Hardin Refutes Adam Smith's