Adam Smith (1 янв 1723 г. – 1 янв 1790 г.)
Описание:
- Scottish philosopher and political economist- 'Father of Economics'
- Author of Wealth of Nations
- Borrowed ideas from Isaac Newton (1642-1727)
- Introduced the 'invisible hand' or 'laissez-faire'
- Free market with no intervention
- Competition eliminates monopolies
- Introduced "absolute advantage" for international trade
- Defended specialization and division of labour
Добавлено на ленту времени:
Дата:
1 янв 1723 г.
1 янв 1790 г.
~ 67 years