1776 -
Wealth of Nations |
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| Written by Adam Smith, he discussed the barriers on economic
growth. He talked about the ‘liassez faire’ or hands off policy
of the government, starting that there is an invisible hand that guides
the economy and doesn’t need the government’s help. He also
discussed capitalistic theories, like supply and demand and how it fits
into the economy. |
Chapter 11 Page 461 .: 8th Edition :. |