Abstract:Adam Smith is pioneer of British classic political economy.In his famous work The Wealth of Nations,he demonstrated that social wealth was always driven by pursuit to self-interest,and the economic or...Adam Smith is pioneer of British classic political economy.In his famous work The Wealth of Nations,he demonstrated that social wealth was always driven by pursuit to self-interest,and the economic order was arranged by the so-called invisible hand of God.In respect of this,he was regarded as a strong advocate of free competition and limited government interference to economy.This kind of economic liberalism has a tremendous impact on later ages.Read More
Publication Year: 2009
Publication Date: 2009-01-01
Language: en
Type: article
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Cited By Count: 6
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