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He loved drugs, women, rap, and the power of dance.

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13y ago

individual self interest in a free market would lead to a stronger economy and would therefore benefit most people in society

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9y ago

Adam Smith had a lot of basic capitalist ideas, like the invisible hand. He also stated that supply and demand would always fluctuate until they reached an equilibrium.

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Q: What were the basic ideas of philosopher Adam Smith?
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What were the basic ideas of Adam smith?

Adam Smith had a lot of basic capitalist ideas, like the invisible hand. He also stated that supply and demand would always fluctuate until they reached an equilibrium.


Who was free market philosopher?

Adam Smith


Who was a Free market philosopher?

Adam Smith


How do Adam Smith's ideas fit in with the ideas of other enlightenment thinkers?

Adam Smith was a Scottish moral philosopher and a pioneer of political economy. One of the key figures of the Scottish Enlightenment, Adam Smith is best known for two classic works: The Theory of Moral Sentiments (1759), and An Inquiry into the Nature and Causes of the Wealth of Nations (1776).


How do Adam smiths ideas fit in with the ideas of other enlightenment thinkers?

Adam Smith was a Scottish moral philosopher and a pioneer of political economy. One of the key figures of the Scottish Enlightenment, Adam Smith is best known for two classic works: The Theory of Moral Sentiments (1759), and An Inquiry into the Nature and Causes of the Wealth of Nations (1776).


Who is a free market philosopher?

John Locke, Adam Smith...and others


The scottish philosopher Adam smith introduced what economic concept?

Smith introduced Free Market Economics.


According to Adam smith how should wages and prices be regulated?

Adam Smith believed that wages and prices should be regulated by supply and demand, in other words, natural forces of the market. Smith was a Scottish philosopher.


What are the main ideas Adam smith?

the main ideas of smith was the political economy that an invisible hand guided all what money or business involved


Was Adam Smith the 18th century Scottish social philosopher who is know as the father of modern economics?

True


Adam Smith was the 18th century Scottish social philosopher who is know as the father of modern economics.?

true


What philosopher argued that natural law guaranteed every person certain inalienable rights?

adam smith