Adam Smith said that proper role of government was not functional. He said it was a failed state.
im hungery
Adam Smith
Laissez-faire
In the 18th century, Adam Smith, seeking to describe economic systems, effectively coined the forms "feudal government" and "feudal system.
Adam Smith
Adam Smith
Adam Smith
Natural price is the term Adam Smith used to describe an item sold for exactly the amount of money it cost to produce it.
Adam Smith believed that entrepenaurs should be allowed to practice business without government interference. (laissez-faire, The Wealth of Nations)
John Maynard Keynes
less government regulation of business
less government regulation of business