who is father of economics
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Adam Smith is regarded is the ‘Father of Economics’. He was born in 1723 in Kirkcaldy, Fife, Scotland. Smith advocated for the following of the basic and simple system of natural liberty which later came to be known as free market economy
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The field began with the observations of the earliest economists, such as Adam Smith, the Scottish philosopher popularly credited with being the father of economics—although scholars were making economic observations long before Smith authored The Wealth of Nations in 1776.
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