Smith, Adam (1723-90)

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Abstract

Adam Smith is often said to have been the founder of the science of economics and the father of liberalism in the sphere of economics. In fact he was neither. He lived at a turning point in western economic and political history, one that was littered with disruptive developments. He came up with a masterful synthesis of the economic knowledge of his period and emphasized both the relative autonomy of these phenomena and their importance in terms of generating wealth from, and in the interests of, everyone. Nevertheless, Smith never denied the moral foundation of economic behavior.
OriginalsprogEngelsk
TitelInternational Encyclopædia of the Social & Behavioral Sciences
RedaktørerJames D. Wright
Vol/bind22
UdgivelsesstedNew York
ForlagElsevier
Publikationsdato26. mar. 2015
Udgave2.
Sider118-124
ISBN (Trykt)9780080970868
ISBN (Elektronisk)9780080970875
DOI
StatusUdgivet - 26. mar. 2015

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