Adam smith biography economic theory keynes

Adam smith theory of economic development

Today Smith's reputation rests on his explanation of how rational self-interest in a free-market economy leads to economic well-being.


adam smith biography economic theory keynes

Adam smith birth and death

John Maynard Keynes and Adam Smith were two major, influential philosophers of economic history.


Adam smith theory

When the Scotsman Adam Smith (–) was born, industrialization and a profit-driven market system were replacing custom and command-driven economic systems across Europe.
Adam smith beliefs
Adam Smith is a very well-known Scottish philosopher and economist.