Smith, Adam

Early advocates of the free market, like Adam Smith, made two distinct arguments for capitalism.

Adam Smith wrote “The Wealth of Nations” to denounce mercantilism, the crony capitalism of his day.

But apparently executives on Wall Street are a bit rusty on their Adam Smith or Milton Friedman.

Adam Smith has denied this interpretation of the email, and took the stand late in the afternoon.

Adam Smith gets several nods, for instance, for his now overlooked work The Theory of Moral Sentiments (1759).

It appears in nearly every book on economic theory from Adam Smith and Ricardo till to-day.

Pitt, a disciple of Adam Smith, would not consent to such a measure, and his opposition was fatal to it.

Adam Smith was primarily concerned with the theory of the 'market.'

In the first place, he presupposes familiarity with Adam Smith.

Another is embodied in the formula of Adam Smith, that "Competition is the life of trade."