“It is unjust that the whole of society should contribute towards an expence of which the benefit is confined to a part of the society.”
Quote by Adam Smith
Work
An Inqury Into the Nature and Causes of the Wealth of Nations
This seminal text delves into the economic theories of production, trade, and the factors influencing national wealth, offering insights into the development of modern economic thought. more
Author
Adam Smith
Adam Smith, a renowned philosopher and economist from Britain, was born on June 5, 1723, and died on July 17, 1790. Known as the father of modern economics, his work 'The Wealth of Nations' had a profound impact on the development of economics. more
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