Who is Adam Smith
An influential character during the Scottish Enlightenment, Adam Smith was a Scottish economist and philosopher who was a pioneer in the concept of political economy. He was also an important player throughout the time period. His two seminal publications, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776), garnered him the title of “The Father of Economics” or “The Father of Capitalism” by a number of individuals. The latter, which is frequently shortened to “The Wealth of Nations,” is widely regarded as his major achievement. It is also the first modern work that approaches economics as both an all-encompassing system and an academic field. Instead than attempting to explain the distribution of wealth and power in terms of God's will, Smith makes an appeal to natural, political, social, economic, legal, environmental, and technological variables, as well as the interactions that occur between these aspects. A number of different economic ideas were presented in this text, one of which being Smith's concept of absolute advantage.
How you will benefit
(I) Insights about the following:
Chapter 1: Adam Smith
Chapter 2: Classical liberalism
Chapter 3: David Ricardo
Chapter 4: Economics
Chapter 5: Scottish Enlightenment
Chapter 6: Laissez-faire
Chapter 7: Arthur Cecil Pigou
Chapter 8: Classical economics
Chapter 9: Invisible hand
Chapter 10: The Theory of Moral Sentiments
Chapter 11: The Wealth of Nations
Chapter 12: Productive and unproductive labour
Chapter 13: James Otteson
Chapter 14: Semyon Desnitsky
Chapter 15: The Fable of the Bees
Chapter 16: History of economic thought
Chapter 17: EconTalk
Chapter 18: British philosophy
Chapter 19: Adam Smith School of Economics and Finance
Chapter 20: Perspectives on capitalism by school of thought
Chapter 21: Marxian economics
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information about Adam Smith.
