Who is Adam Smith?
His book written?
His wealth definition?
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Adam Smith was an 18th-century Scottish philosopher. He is considered the father of modern economics. Smith is most famous for his 1776 book, The Wealth of Nations. Smith's writings were studied by 20th-century philosophers, writers, and economists.
The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776).
Adam Smith (1723 -90) defined economics as follows : 'Economics is the science of wealth'. ... In the ordinary language, by 'wealth', we mean money, but in economics, wealth refers to those goods which satisfy human wants. But we should remember all goods which satisfy human wants are not wealth.
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