Adam Smith published his Inquiry into the Nature and Causes of the Wealth of Nations in 1776, adding a second revolutionary event to that fateful year. A political democracy was born on one side ...

David Ricardo, a notable economist of the Smithian tradition, had reasoned in the Labour Theory of Value that the value of a ...

The law of supply and demand is a fundamental concept of economics and a theory popularized by Adam Smith in 1776. The ...

"Smith Adam." Microsoft Encarta Encyclopedia 2001 ... philosopher David Hume that lasted until the latter's death in 1776 and contributed much to the development of Smith's ethical and economic ...