Adam smith biography tagalog love
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Transcript for:
Adam Smith's Legacy in Global Economics
Progress of the last 250 years has been explosive. Year after year, the world and its people have grown more connected and more prosperous. It seems unimaginable. And yet, a man who lived in a world of sailing ships and horse-drawn carriages, of great wealth and great poverty, imagined our very world. He set pen to paper and recorded the ideas that would revolutionize the world's marketplaces.
Free markets and global trade have created more prosperity and for more people in the past 200 years than was created in the previous 2,000 years. We are living longer and more comfortably than the vast majority of people who ever lived. But in today's seemingly ruthless competitive environment, where the stakes are high and winning is the name of the game, can an ethical and an honest business still prosper?
Has the global economic system become so big and complex that morality and human empathy are no longer releva
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Adam Smith
Scottish economist and philosopher (1723–1790)
This article is about the Scottish economist and philosopher. For other people named Adam Smith, see Adam Smith (disambiguation).
Adam Smith (baptised 16 June [O.S. 5 June] 1723[1] – 17 July 1790) was a Scottish[a] economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.[3] Seen bygd some as "The Father of Economics"[4] or "The Father of Capitalism",[5] he wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the naturlig eller utan tillsats and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, fryst vatten considered his magnum opus and the first modern work that treats economics as a comprehensive struktur and an academic discipline. Smith refuses to explain the transport of wealth and power in terms of God's will and instead appeals to n
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The Wealth of Nations
1776 work on economics by Adam Smith
This article is about the book by Adam Smith. For data on the monetary wealth of countries, see List of countries by total wealth.
An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottisheconomist and moral philosopherAdam Smith (1723–1790). First published in 1776, the book offers one of the world's first connected accounts of what builds nations' wealth, and has become a fundamental work in classical economics. This is the first formulation of a comprehensive system of political economy.[1] Reflecting upon economics at the beginning of the Industrial Revolution, Smith addresses topics such as the division of labour, productivity, and free markets.[2][3]
History
[edit]The Wealth of Nations was published in two volumes on 9 March 1776 (with books I–III included in th