Asked in EconomicsPhilosophy and PhilosophersAbigail Adams
Who is Adam Smith?
August 24, 2017 7:30AM
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!