Adam Smith and the Founding of Market Economics

• Author: Eli Ginzberg
• Published Date: 02 Aug 2017
• Publisher: Taylor & Francis Ltd
• Original Languages: English
• Book Format: Hardback::265 pages
• ISBN10: 1138518611
• Imprint: ROUTLEDGE
• File size: 44 Mb
• File name: Adam-Smith-and-the-Founding-of-Market-Economics.pdf
• Dimension: 152x 229mm::531g
Download: Adam Smith and the Founding of Market Economics

Adam Smith and the Founding of Market Economics: 9780765809490: Economics Books @. In his first book, "The Theory of Moral Sentiments," Smith proposed the idea of an invisible hand the tendency of free markets to regulate themselves means of competition, supply and demand, and self-interest. The central thesis of Smith's "The Wealth of Nations" is that our need to fulfill self-interest results in prosperity. Smith believed that people promote public interest through economic choices a free-market force that became known as the "invisible hand.

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