1. Adam Smith
... 25). Smith left an enduring mark on economics, thought, and politics. Adam Smith's Wealth of Nations examines the consequences of economic freedom. This book covers many different concepts such as the role of self-interest, the division of labour, the function of markets, and the implications of a laissez ... -faire economy. The essential message of the book was that man's self-interest would promote the economic well being of all. Smith explained his theory of self-interest in the Wealth of ... of government is to protect the land from foreign invasion, enforce contracts and maintain a p...
- Word Count: 3103
- Approx Pages: 12
- Grade Level: Undergraduate