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The Relevance of Adam Smith's The Money Game to the Economies of Today

In ten pages Adam Smith's theories are applied to present day economies with the emphasis on the U.S. and former U.S.S.R. There a...

The Money Game by Adam Smith

In eight pages the advice this book written by George Goodman using a famous pseudonym offers in the areas of macroeconomics and t...

The Money Game by Adam Smith

In five pages the changes following the collapse of the Soviet Union are seen through Smith's eyes and considers if capitalism and...

George Goodman, aka Adam Smith, and The Money Game

stock market are thoughts which lean more towards philosophic thinking than cruel, hard economics. In fact, the text is written ...

ADAM SMITH, THE INVISIBLE HAND, AND IMPACT ON THE ECONOMY

problems with the economy, partly because of misunderstanding Smiths theories, and partly because Smith introduced his theories in...

Biography of Adam Smith

topics as rhetoric, ethics, political economy, and jurisprudence" (Lucid Caf?). In the year 1759 he published a work whic...

Societal Perspectives of John Kenneth Galbraith and Adam Smith

differences. Some have suggested that Smith, whose real name is George Goodman, has a more cynical view of society. Goodman seems ...

The Idea of Exchange According to Marx and Smith

something being exchanged is worth what it can be traded for. It is explained that "the exchange value of a commodity is for Marx ...

WEALTH OF NATIONS, ADAM SMOTH AND ECONOMICS

(some of the economic woes, for example, came about because people who couldnt afford houses ended up buying them anyway). And the...

Real World and Adam Smith's Economic Philosophy

free market ideology spouted, but not always implemented. Many economists do preach the virtues of the free market, but in reality...

Reading Whybrow: America's Illness

Adam Smith and his ideas of economics. Smiths theory of economics "is firmly grounded in the biology of human behavior" (Whybrow)....

U.S. and Influential Schools of Economic Thought

Thought Schools of Political Economy Neoclassical Schools Alternative Schools Thematic Schools Pre-Classical Anglo-American Heter...

Success, Intelligence, and Money

which seems to reinforce this notion. Contemporary philosopher and lecturer Jacob Needleman observes, "Money is like a mirror to ...

Free Market, Division of Labor, and Class Warfare

was limited in size in capitalist nations and the one from which most members had hope of escape were they able to work for their ...

RUSSIAN ECONOMY

per year in 1998 to $9,000 10 years later (The Economist, 2008). According to a recent issue of The Economist, much of...

Division Of Labor and Adam Smith

38). The Wealth of Nations actually consists of five books. Smith began with a discussion of the division of labor and the market...

General Equilibrium Theory and the Market Economy

In nine pages this paper contrasts and compares the perfect competition general equilibrium theory with the market economy model r...

U.S. and Schools of Economic Thought

and that and other factors were wreaking havoc on the national economy. It was the position of John Maynard Keynes that gov...

Time Value of Money, Sources of Finance, Bonds and Share and Influences on Inventory

compounding on large amounts over many years can have a dramatic impact on the capital value of the investment. The use of...

Adam Smith's Ideas and the 2008 Economic Bailout

financial wheeling and dealing (Friedman, 2008). Friedman has a point. Philosophically, money is not real. It is just a concept. T...

A Summary of The Wealth of Nations

a course in economics, The Wealth of Nations is required reading. It is the ultimate textbook, complete with detailed chapters on...

Responsibility, Philanthropy, and Stakeholders in Business Ethics

do unwittingly (Nickerson, 1999). There is a simple reason for this result. As individuals produce goods in order to gain a profit...

Adam Smith and Aristotle on Social Relations and Economics

as acceptable. If the issue in question happens to be acceptable to two-thirds of the population (upper class elitists), it is hi...

Malthus, Ricardo, Smith and the 'Invisible Hand'

trade tariffs and taxes, but also measures such as minimum wages legislation as well as production limits. The policy that was fou...

Capitalism and Labor

In five pages capitalism and labor are examined through the perspectives offered in E.P. Thompson's 'Time, work-discipline and ind...

Tourism and the Beneficial 'Public Good'

The same principle applies to any such public good. There are toll roads of course, but they represent only a small fraction of t...

The Division of Labor and Adam Smith

for only one small part of the production process. The worker concentrating his or her full effort on being the best that he or sh...

Contemporary Political Strategy and the Theories of Adam Smith

who unwittingly contributes to the good outcome is not at fault. Perhaps he is propelled by greed but that is of no matter. Rather...

Stakeholder and Philanthropy Responsibility in Business Ethics

In five pages philanthropy is examined in terms of the ethical use of assets with Adam Smith's theory of the 'invisible hand' and ...

Capitalism, Humanitism, Charles Dickens and Adam Smith 2

In five pages the relationship between capitalism and humanitism are examined through Charles Dickens' Hard Times and Adam Smith's...