Tagged: Adam Smith

A watercolour portrait of the economist Adam Smith 1723 -1790. http://www.wilfreeborn.co.uk/?p=3532

Adam Smith

Adam Smith, highly regarded as the father of economics, was born in 1723 in Scotland. He is best known for his masterpiece which he published in 1776, “An Inquiry into the Nature and Causes of the Wealth of Nations”. At his time, mercantilism was the dominant economic policy in Europe....