Practicing Success
The author of the book The Wealth of Nations is _______ |
Paul Smith Max Weber Karl Marx Adam Smith |
Adam Smith |
The most famous of the early political economists was Adam Smith, who in his book, The Wealth of Nations, attempted to understand the market economy that was just emerging at that time. Smith argued that the market economy is made up of a series of individual exchanges or transactions, which automatically create a functioning and ordered system. |