How Carl Menger and the Austrians Helped to Steer Economic Theory in the Right Direction
Published
Adam Smith, in his 1776 book The Wealth of Nations, stipulates the guiding principles of classical economic orthodoxy, establishing guiding principles that will guide the English economic paradigm. Despite a tradition more focused on Colbertism (between the sixteenth and seventeenth centuries) and…
#adamsmith #wealthofnations #jeanbaptistesay #davidricardo #neoclassicalschool #alfredmarshall #léonwalras #smithian #austrianschool #adamsmiths