Wealth of Nations Sarah Furness her uncle James

her uncle James

For these natural calamities

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Wealth of Nations Sarah Furness her uncle JamesPolitical economy had been studied long before Adam Smith. But "Wealth of Nations" (1776) established it for the first time as a separate science. Smith based his arguments on vast historical knowledge, and developed his principles with remarkable clarity. What set this work apart was its statement of the doctrine of natural liberty. Smith believed that 'man's self interest is God's providence' that if government abstained from interfering with free