 Known as 'the father of economics', Adam Smith made key insights into how free trade and the division of labour creates wealth.  Read 'The Essential Adam Smith' to learn more ⤵️ https://www.essentialscholars.org/smith | Institute of Economic Affairs | Facebook
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Adam Smith (1723-1790) was a Scottish economist and philosopher, considered the "father of modern economics" and capitalism, famous for The Wealth of Nations (1776), which introduced concepts like the invisible hand and division of labor, advocating for free markets but also recognizing roles for government in public works, education, and justice. He was a key figure in the Scottish Enlightenment, exploring morality, jurisprudence, and political economy, and his ideas championed self-interest be
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3.2K views · 34 reactions | 240 years ago, Adam Smith laid down the foundation of the free market economic theory and explored the relationship between morality and markets. In the reality of a globalized economy, what are the effects of his theories? bit.ly/2iM6iox | Curiosity Stream | Facebook
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