John Locke's Two Treaties on Government written in 1694 were the root of political ideas that developed during the Enlightenment. ... Smith perceived people as selfish who only worked harder and produced more when given an incentive. ... Smith believed that there was no need to regulate markets because people's greed combined with the law of supply and demand would regulate markets by themselves. ... Adam Smith became the father of modern economics during the Enlightenment. ... Smith is also responsible for the development of the invisible hand metaphor and early stages of laissez-fa...

• Word Count: 1343
• Approx Pages: 5
• Grade Level: Undergraduate

To solve the financial crisis, the works of the Scottish philosopher, Adam Smith, is represented and had to be used. Smith believed that rational self-interest and competition can lead to economic prosperity through free market capitalism opposed to mercantilism. ... America and France got the ideas of a constitution from John Locke. John Locke and Adam Smith influenced phase one to me because they both wanted to reform government through rising up to create a better government and to create economic prosperity. ... Smith's economy and Locke's, Rousseau's, and Montesquieu'...

• Word Count: 1221
• Approx Pages: 5
• Grade Level: Undergraduate

Benjamin Franklin, Thomas Jefferson, John Adams, and James Madison all used their knowledge to come up with ways to better America. ... During this enlightenment period, the most commonly heard French philosophers were John Locke, Voltaire, Adam Smith, Thomas Hobbes, Baron Montesquieu, Denis Diderot, and others. ... A few American leaders such as Benjamin Franklin, Thomas Jefferson, John Adams, and James Madison also greatly inspired people's thinking as well as making it known that their beliefs differentiated from the European philosopher's beliefs. ... John Adams was an American p...

• Word Count: 769
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

John Locke emphasized that, we should all have natural rights to life, liberty, and property in order to have a strong good working government. ... Adam Smith believed that, every man should be free to pursue his own interest in his way. ...

• Word Count: 665
• Approx Pages: 3
• Grade Level: Undergraduate

The Physiocrats exerted a profound influence on Adam Smith, who had spent time in France in the 1760s and whose classic "The Wealth of Nations" embodied the Physiocratic attack on mercantilism and argued that nations get rich by practicing free trade. Of Smith, Turgot, and the Physiocrats, the great French political leader and author Frederic Bastiat (1801-1850) wrote: The basis of their whole economic system may be truly said to lie in the principle of self-interest. . .. ...

• Word Count: 2777
• Approx Pages: 11
• Grade Level: Undergraduate