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British economist Adam Smith published his famous book on economics in 1776. He put forth the argument that Commercialism was not the best way to enhance a nation's economic growth or well being. He was an advocate of capitalism.As an aside, he also wrote about slavery. Legal in the British empire at the time. He deemed investments in slavery to be counter productive. The funds used for slavery would be better used in investing in factories.

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โˆ™ 7y ago

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Q: What economist defended capitalism in the book of the wealth of nations?
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The free-market system of capitalism was defended in the book The Wealth of Nations by whom?

Adam Smith wrote the book called the wealth of nations


What philosopher promoted the idea of capitalism in his book?

Adam Smith, a Scottish economist, provided the philosophy for capitalism. His most well-known work is The Wealth of Nations, published in 1776.


Who was for capitalism?

capitalism was expressed in Adam Smith's Wealth of Nations (1776)


Who is a philosopher of capitalism?

Arguably, Adam Smith is a philosopher and economist who wrote the book Wealth of Nations that expounds on the earlier forms of Capitalism. John Stuart Mill is another philosopher who supported the free-market. W.V. Quine is not a philosopher of capitalism but he personally favored fiscal conservatism.


What is classical capitalism?

Classical capitalism is defined by the book "The Wealth Of Nations" by Adam Smith.


When was The Wealth of Nations published?

An Inquiry into the Nature and Causes of the Wealth of Nations (generally referred to by the short title The Wealth of Nations) by the Scottish economist Adam Smith. was first published in 1776


Who described capitalism in his book The Wealth of Nations?

Adam Smith


Which ideas correctly paired with a document that support it?

Capitalism--Wealth of Nations


What was the main idea behind economist Adam smiths book The Wealth of nations?

market economy is most profitable


Scottish professor who defended the idea of a free economy in his book the wealth nations published in 1776?

Adam Smith


What man provided a philosophy for capitalism?

ADAM Smith, a scottish philosopher and economist. He provided the philosophy for capitalism in his book The Wealth of Nations.Answer on page 27 in United States Government: democracy in action textbook


Who was Adam simth in the enlightenment?

Adam Smith's book "A Wealth of Nations" set the stage for the rise and spread of capitalism in the 20th century.