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Which one? You probably mean the Scottish philosopher/Economist. He is most famous for defining modern economic theory in a book called "Wealth of Nations" See:http://en.wikipedia.org/wiki/Adam_Smith_%28disambiguation%29 In a roundabout way (as a result of the aforementioned philosophy/book) he is respensible for booms and busts and all the greed that causes the cycle to go from one to the other!

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Helmer Homenick

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2y ago
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Marvin Schuster

Lvl 10
2y ago

Which one? You probably mean the Scottish philosopher/Economist. He is most famous for defining modern economic theory in a book called "Wealth of Nations" See:http://en.wikipedia.org/wiki/Adam_Smith_%28disambiguation%29 In a roundabout way (as a result of the aforementioned philosophy/book) he is respensible for booms and busts and all the greed that causes the cycle to go from one to the other!

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Wiki User

6y ago

Which one? You probably mean the Scottish philosopher/Economist. He is most famous for defining modern economic theory in a book called "Wealth of Nations" See:http://en.wikipedia.org/wiki/Adam_Smith_%28disambiguation%29 In a roundabout way (as a result of the aforementioned philosophy/book) he is respensible for booms and busts and all the greed that causes the cycle to go from one to the other!

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9y ago

Adam Smith is a common name. There was a Scottish Philosopher from the 1700s with the name Adam Smith.

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