Adam Smith

"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."--Bloomsbury Publishing.

Year

2011

Language

English

Series

Major conservative and libertarian thinkers -- v. 16

Publisher

Continuum

Editions

8

Pages

179

ISBN

9780826429834

Data source: Wikidata