The discipline of economics is aimed at understanding and explaining how markets work in modern capitalist economies. To understander sociology's response to the market in modern times, we also need to we need to go back briefly to eighteenth-century Europe and the beginnings of modern economics where Adam Smith is a central figure. His economic philosophy was given the name laissez-faire, a French phrase that means ‘leave alone’ or ‘let it be’.

Identify Adam Smith’s famous work from the below group.

Economic and Political Manuscripts. Protestant Ethics and Spirit of Capitalism. The Wealth of Nations. All of the above.

The Wealth of Nations.

Options 1 & 2 are works of Karl Marx and Max Weber repsepctively.