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smith, adam

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Smith   (smÄ­th)   
Scottish political economist and philosopher. His Wealth of Nations (1776) laid the foundations of classical free-market economic theory.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Cultural Dictionary

Smith, Adam

A Scottish scholar of the eighteenth century whose ideas about economics led to the growth of modern capitalism. His best-known work is The Wealth of Nations. (See invisible hand.)

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
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