The man largely credited with inventing marketplace capitalism, Adam Smith, lived at home with his mother. While he wrote The Wealth of Nations in 1776, she cooked and cleaned for him.

Adam Smith (1723-1790) put together the classical model of ... June 5, marks the 300th birthday of a Scottish philosopher considered the father of free-enterprise capitalism and our prosperity.

Economics. An Interview With Adam Smith (No, Not That One) The so-called father of capitalism was not available for comment, so we talked to another economist, Adam C. Smith.

Speakers discussed Adam Smith, author of The Wealth of Nations, and the state of capitalism today. In addition to Muller’s keynote address, the event also involved a roundtable discussion moderated by ...

Capitalism is an economic system that is utilized in various countries around the world, including the United States. The father of capitalism, Adam Smith, laid out the basic tenets of this system ...

Adam Smith is often considered to be the father of modern capitalism. At first glance, it’s not hard to see why. His most famous book, An Inquiry Into the Nature and Causes of the Wealth of ...

Video Clip 5: Adam Smith and the Wealth of Nations (2:25) Scott Christianson talked about his book, 100 Documents that Changed the World: From the Magna Carta to Wikileaks. In this clip, Mr ...

The 18th-century economist and philosopher Adam Smith, for instance, was reacting against the mercantilist variant of capitalism that predominated during his lifetime.

The zero-sum mentality, or the belief that your gain must come at my expense, has poisoned the well of American capitalism. It has transformed Adam Smith’s moral vision of capitalism into a ...