1. Topic: What Contribution Did Adam Smith And John M. Keynes Make To The Study Of Economics?
Keynes make to the study of economics? ... I quote Adam Smith from his book "The Wealth of Nations": "Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. ... But the study of his own advantage naturally, or rather necessarily, leads him to prefer that employment which is most advantageous to the society." ... Around the world today, government monopolies and other bad practices are under major assault from Adam Smith's ideas. ... He believed in a democratic partnership between government and the peo...
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- Approx Pages: 5
- Grade Level: Undergraduate