Adam Smith 2

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Miscellaneous

 

Written by:

Wendy H

 

Date added:

January 16, 2016

 

Level:

University

 

Grade:

A

 

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2 / 517

 

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The tutoring took Smith to France, where he started writing The Wealth of Nations in 1776. It was the first complete work on political economy. The book discusses the relationship between freedom and order, analyzes economic processes, and attacks the British mercantile system’s limits on free trade...
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All three aspects are woven together to create a unified social theory. In France Smith met and associated with many of the leading Continental philosophers of the physiocratic school, which based its political and economic doctrines on the supremacy of natural law, wealth, and order. He was specially influenced by the French philosophers Francois Quesnay and Anne Robert Jacques Turgot, whose theories Smith later adapted in part to form a basis for his own...
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