Adam Smith

  1. Economist Guide: 3 Lessons Adam Smith Teaches ...

    Learn three critical lessons about economics from 18th century philosopher Adam Smith, ...
  2. What Are Economies Of Scale?

    Is bigger always better? Read up on the important and often misunderstood concept ...
  3. How Influential Economists Changed Our History

    Find out how these five groundbreaking thinkers laid our financial foundations.
  4. Save Money The Scottish Way

    Take a trip through history to learn from some (in)famously frugal Scots.
  5. Adam Smith And "The Wealth Of Nations"

    Adam Smith's 1776 classic may have had the largest global impact on economic thought. ...
  6. The Rise Of The Modern Investment Bank

    Get to know a little bit about the institutions whose actions help to guide free ...
  1. Who discovered the law of supply and demand?

    Learn how the law of supply and demand affects the economy. This important economic principle is hundreds of years old but ...
  2. What is the affect of the invisible hand on consumers?

    Discover how consumers help initiate and benefit from the invisible hand of the market, which naturally coordinates trade ...
  3. What does the term 'invisible hand' refer to in the economy?

    Discover and understand the concept of the "invisible hand" as explained by Adam Smith, considered the founder of modern ...
  4. Where does stimulus economics come from?

    Depending on which type of economist you talk to, stimulus economics originated from the ideas of either a book published ...
Hot Definitions
  1. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  2. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  3. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
  4. DuPont Analysis

    A method of performance measurement that was started by the DuPont Corporation in the 1920s. With this method, assets are ...
  5. Call Option

    An agreement that gives an investor the right (but not the obligation) to buy a stock, bond, commodity, or other instrument ...
  6. Economies Of Scale

    Economies of scale is the cost advantage that arises with increased output of a product. Economies of scale arise because ...
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