ENGLISH

Adam Smith

By James R. Otteson

Book information

Publisher
Bloomsbury Academic
Year
2011
ISBN
9781501301308, 9780826429834
Language
english
Format
PDF
Filesize
1019 kB (1043681 bytes)
Series
Major Conservative and Libertarian Thinkers
Pages
\181
Library
bloomsburycollections.com
Time added
2023-06-30 23:14:31

Description

The Scottish philosopher Adam Smith (1723-1790) was as a pioneer of political economy. In fact, his economic thought became the foundation of classical economics and his key work, An Inquiry into the Nature and Causes of the Wealth of Nations, is considered to be the first modern work in economics. For Smith, a free competition environment was the best way to foster economic development that would work in accordance with natural laws. The framework he set up to explain the free market remains true to this day.

Similar books