Adam Smith Quotes

Adam Smith Quotes “No human wisdom or knowledge could ever be sufficient [for] the duty of superintending the industry of private people…” Smith is most famous for articulating how the “invisible hand” of market interactions can...

Ernst Friedrich Schumacher

Ernst Friedrich Schumacher (16 August 1911 – 4 September 1977) was a German-British statistician and economist who is best known for his proposals for human-scale, decentralised and appropriate technologies.[1] He served as Chief Economic Advisor to the British...

Economic Thinkers

Economic Thinkers   A. R. J. Turgot (1727-1781) French author of Reflections 1766, established marginal utility analysis, physiocrat. Adam Smith (1723-1790) Scottish author of The Wealth of Nations 1776, developed free trade theory and an appreciation for the...
Adam Smith

Adam Smith

The Condensed Wealth of Nations and The Incredibly Condensed Theory of Moral Sentiments Eamonn Butler     Contents 1 Introduction 4 2  The Condensed Wealth of Nations 7Book I: Economic efficiency and the factors of production 9Book II: The accumulation...
Cartesianism

Cartesianism

Cartesianism, the philosophical and scientific traditions derived from the writings of the French philosopher René Descartes (1596–1650). Metaphysically and epistemologically, Cartesianism is a species of rationalism, because...