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Adam Smith

Essays on Adam Smith'S Original Contributions to Economic Thought and the Parallels with the Economic Thought of John Maynard Keynes

by MICHAEL EMMETT BRADY

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   Not today
Adam Smiths original, path breaking work on decision making, uncertainty and public policies to minimize the impact of uncertainty in the economy has been overlooked for well over two hundred years. One need only peruse the badly analyzed work of Smith in this area as presented by Henry D MacLeod in his The Elements of Political Economy on pp.212-220 or Henry Sidgwicks The Principles of Political Economy on pp.359-361, as well as the misevaluations of Smiths contributions made by Jacob Viner in 1927, Joseph Schumpeter in 1954, Murray Rothbard in 1995, or Salim Rashid in 1998 to realize that Smiths important contributions were never recognized. The claim that Smith made no original contributions to economic theory or economics is simply false.

Publication Details

Publisher:
Xlibris US
Publication Date:
2015

Format

  • OverDrive Read 192.6 KB
  • Adobe EPUB eBook 192.6 KB

MICHAEL EMMETT BRADY (Author)

Michael Emmett Brady received his Ph.D. degree in Economics from the University of California. He received his B.A. and M.A. degrees from California State University as well as completing all requirements for a B.A. in Mathematics. He has done gra...

More about MICHAEL EMMETT BRADY
Adam Smith
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