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Adam Smith English

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Adam Smith

(= Smith) Scottish economist who advocated private enterprise and free trade (1723-1790)

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Tony Smith, Adam Newhouse, Jamie Kirk and...Blake Hatch.

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Adam Smith, indeed, was not a theorist of the cold free market, but one of the greatest moralists of the Enlightenment.
Adam Smith's invisible hand -- the idea that free markets lead to efficiency as if by an invisible hand -- is invisible at least in part because it is not there.
True, the assembly line, a brain-numbing experience, was a feature of capitalism from the pin factor that Adam Smith wrote about in 1776 until Henry Ford's giant plants in the 1920's.
According to the social science citations index, he ranks well among the most important economists since Adam Smith.
San Francisco - From Adam Smith (1776) until 1950 or so, capital was considered by economists to be absolutely essential for economic growth.
We claim, as Adam Smith did, that impersonal markets ensure the most efficient allocation of scarce capital; but what we really want are markets that operate only on our terms.
From the writings of the earliest modern commentators on the drivers of socio-economic growth and decline - Adam Smith, Edward Gibbon, Thomas Malthus, David Ricardo, and Karl Marx - we see that concern about exhausting resources is not new.
For 30 years, East Asians have received the ample rewards of Adam Smith's insight that free trade would bring material benefits to participating countries.

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