Words of wisdom that make even the dismal field of economics scintillating and colourful
'It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest,' said Adam Smith, who is also called the father of modern economics, in the eighteenth century. Smith is famous for his classic work The Wealth of Nations. Smith understood back then what
This article was originally published on July 01, 2021.
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