Essays on Adam Smith

Another muslim scholar of jurisprudence, is Taqi al-DIn Abu al- Abbas Ahmad Ibn Abdu al-Halim Ibn Abdu al-Salam widely known among the Muslims as Ibn Taymiyyah. Born in Syria, he lived almost in the same era of Ibn Khaldun and dealt with similar political and...

Adam Smith is known as the “Father of Capitalism” on the other hand his peer, Karl Marx, is known as the “Father of Communism. ” The thoughts of these two men differentiate as a general rule; however there is some similitude in the thinking behind...

Ethics are fundamental rule, principal and moral value to judge what is right or wrong and good or bad. It is social accepted behaviour pattern to make a rational judgement based on basic framework. To gain social protection, ethical voluntary code of conduct is applied....

Smith was born on June 5, 1723, at Kirkcaldy, Scotland. His namesake father was by profession an advocate, solicitor and prosecutor. He went to the best schools of Scotland –Burgh School of Kirkcaldy where he learnt writing, mathematics and history. He later studied Philosophy from...

In Adam Smith’s work, An Inquiry into the Nature and Causes of the Wealth of Nations he proposes a theory as to how nations generate and accumulate wealth. Smith’s work in the Wealth of Nations is deemed to be one of the most influential works...

While Adam Smith died 200 years ago, it is clear his work has had more impact than any other leader in economic history on modern economic policy. While Karl Marx and John Maynard Keynes’s prescription did not withstand the time test, Smith’s ideas are continuously...

This essay is derived from chapter “how the commerce of the towns contributed to the improvement of the country” of Adam Smith Book “Wealth of Nations’ part 3 titled as “The different progress of opulence in different Nations. It was published in 1776. Did Town...

This essay is derived from chapter “how the commerce of the towns contributed to the improvement of the country” of Adam Smith Book “Wealth of Nations’ part 3 titled as “The different progress of opulence in different Nation. It published in 1776. This document tells...

Adam Smith was an economist who is known for his books which made him famous which are The Wealth of Nation and Inquiry into nature and causes. This has gained him the title of ‘Father of Capitalism.’ His believed that more money the commons make...

There have been many theories and speculations on how nations become wealthy, during the mercantilist period this was approached in a different somewhat archaic way which then progressed and these pregressions were noticed by Adam Smith and included in his most well known book, The...