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Adam Smith - The Inventor of Market Economy I THE INDUSTRIAL REVOLUTION

All / History / Biography

HTHLancers

Jan 24, 2017

1893 views

Biography

Adam Smith was one of the first men who explored economic connections in England and made clear, in a time when Mercantilism reigned, that the demands of the market should determine the economy and not the state. In his books Smith was a strong advocator of the free market economy. Today we give you the biography of the man behind the classic economic liberalism and how his ideas would change the world forever.

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