The Philosophy of Invisible Hand Software Invisible Hand Software, as its name implies, operates at the intersection of technology and the free market. IHS's QuickForm Contracts system empowers small and large companies alike, by substantially reducing the time and expense of drafting and negotiating good contracts. By reducing transaction costs, QuickForms helps remove a major impediment to those wishing to make the most of their opportunities in a free market. Why Good Contracts Are Important.
Good contracts are the vehicles that drive a free market economy forward.
A good contract keeps creative energies focused on the underlying project. It formalizes the parties' rights and responsibilities. It pulls expectations together to prevent unnecessary disputes and helps resolve disputes that do erupt. And, most importantly, a good contract distributes the wealth to those who produce it, thereby refueling the economic engine of free enterprise. The magnetism of free enterprise is as apparent today in the computer industry as it was over 200 years ago when Adam Smith wrote The Wealth of Nations .