Adam Smith
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Jan 1, 2011
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Englisch
·
Kindle
(176 Seiten)
Format
Kindle
Seiten
176
Sprache
Englisch
Veröffentlicht
Jan 1, 2011
Verlag
Continuum USA
ISBN-10
1283004313
ISBN-13
9781283004312
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.
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