narrowed some of the ideas contained especially in the works of Adam Smith and less so in the works of David Ricardo and Karl …

assessment of the then new concept of Pareto optimality, together with his reinterpretation and rejection of Ricardo's (1821 …

In the Wealth of Nations, Adam Smith argues that a country's national income depends on its labor productivity, which … become rich, while others fail to do so and remain poor? Smith's answer, in an important but neglected theme of his work, is … allow investment and exchange to take place will see economic progress take place. Smith's emphasis on a country …

This article to dedicated to the 230th anniversary of the publishing of Adam Smith`s work “The Wealth of Nations” (9 … March, 1776). The subject of our study is the liberal world of Smith and social welfare. We highlight his contribution as a … companies and the understanding of the cosmopolitan nature of capital, substantiated by Smith. We specify the place he earmarks …