10 Enduring Lessons From Adam Smith

10 Enduring Lessons From Adam Smith Authored by Nikolai G. Wenzel via The Daily Economy, Adam Smith (1723-1790) is widely considered to be the father of modern economics. There were precursors, such as the School of Salamanca and the French Physiocrats, but Adam Smith's 1776 magnum opus, "An Inquiry Into the Nature and Causes of the Wealth of Nations," was the first comprehensive treatise. A statue of Adam Smith in Edinburgh, Scotland, in a file photo. Travel Telly/Shutterstock...

By Tyler Durden