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adam smith

2007-03-01 00:35:22 · 4 answers · asked by Anonymous in Arts & Humanities Books & Authors

4 answers

Adam Smith is known as the Father of economics. However, there are many authors in economics, many of which have their own branch of economics.

Milton Friedman is generally credited with the neo-classical model of economics.

John Maynard Keynes is credited with the Keynesian model.

Karl Marx is responsible for the Marxian view of economics.

Then there is the Austrian School of economics. Some of the economists that popularized this school were Hayek, Menger, and Bohm-Bawerk.

There is virtually a hundred ways to break down different authors of economics. But I think what you want is who is the father of economics, and that is indeed Adam Smith.

2007-03-01 01:27:04 · answer #1 · answered by theeconomicsguy 5 · 0 0

Adam Smith wrote the following books:

Theory of Moral Sentiments (1759)
This work was about those standards of ethical conduct that hold society together, with emphasis on the general harmony of human motives and activities under a beneficent Providence. In other words, the beginning of his idea of the "Invisible hand"

An Inquiry into the Nature and Causes of the Wealth of Nations (1776)
It examined in detail the consequences of economic freedom. It also covered such concepts as the role of self-interest, the division of labor, the function of markets, and the international implications of a laissez-faire economy. "Wealth of Nations" established economics as an autonomous subject and launched the economic doctrine of free enterprise.

2007-03-01 00:44:43 · answer #2 · answered by Yo, Teach! 4 · 0 0

"Artha Shastra" This is an ancient book on economics was written by Koutilya vishnu sharma(Chanakya) in 3rd century BC.
He was father of economics.

2007-03-03 09:05:33 · answer #3 · answered by Girish Sharma,yahoo superstar 6 · 0 0

economic author in India kaotilya manuvu.

2007-03-01 01:51:42 · answer #4 · answered by namburi s 2 · 0 0

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