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Q: What is the free market economist Adam Smith not known for?
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Who was known as the father of the free market economy?

American economist Milton Friedman is known as the father of the free market principle.


Who was a Scottish economist known for his laissez faire doctrines.?

Adam Smith.


Which economist was among the first to explain how a pure market economy works?

Adam Smith


Which economist was among the first to explain how pure market economy work?

Adam Smith


What did economist Adam Smith argue about regulation of business activity in a free market?

Supply and demand


Was Adam smith abducted by gypsies?

There is no historical evidence to support the claim that Adam Smith was abducted by gypsies. Smith was a Scottish economist and philosopher known for his pioneering work in the field of economics.


Economics refers to invisible hand what does it mean?

Invisible Hand in Economics, explains when the forces of demand and suppy in the market is determined by prices of goods and services.It was analysed by one famous Economist known as Adam Smith


Father of economist?

Adam Smith is considered as the father of the economy. He is known as the most influential thinker in the field of economics. In 1759, he published his first book entitled The Theory of Moral Sentiments.


Who was the first economist to challenge the views of Adam smith?

David Ricardo , A+


Who was the laissez-fair economist supported by early 1800 liberals?

Adam Smith


Who was the founder of economics?

Adam Smith was the founder of Economics. Adam Smith is often touted as the world's first free market capitalist. The Economist was founded by the British businessman and banker James Wilson in 1843, to advance the repeal of the Corn Laws, a system of import tariffs.


Who wrote about the invisible hand in a market economy?

The person who wrote about invisible is a great economist,who is also considered as the father of economics "adam smith".he is the person who wrote about invisible hand.