Monday, September 30, 2013

Smith PSA

Smith, Adams. The Wealth of Nations (Excerpts). Modified from the Modern History Internet Sourcebook. 1776. Fordham University. http://www.fordham.edu/halsall/mod/adamsmith-summary.asp (accessed on September 30, 2013)




In the book "The Wealth of Nations", author Alex Smith focuses on a different economic strategy that is a better fit for the world. Smith is an honest and trustworthy source. He is not only educated but also was a professor at the University of Glasgow. At Glasgow he was known for his insightful lectures that drew many people. Smith known as the father of capitalism had a good life and was never really in a position of being financially unstable. Smith's ideas most related to Capitalism. Smith believed that the harder one worked. Some men that most likely influenced Smith's thoughts were Voltaire, and Rossoue. One reason Smith liked the idea of capitalism was because for a good portion of his adult life he toured Europe with the stepson of Charles Townshend. This affected him because he got to travel all over Europe observing different styles of living and economies.

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