Podcast
Questions and Answers
What were the three important factors that influenced Adam Smith's economic thought?
What were the three important factors that influenced Adam Smith's economic thought?
Which economist(s) influenced Adam Smith's views on the advantage of large population?
Which economist(s) influenced Adam Smith's views on the advantage of large population?
From whom did Adam Smith borrow ideas on public finance and canons of taxation?
From whom did Adam Smith borrow ideas on public finance and canons of taxation?
What did the clubs which Adam Smith joined at Glasgow and Edinburgh discuss?
What did the clubs which Adam Smith joined at Glasgow and Edinburgh discuss?
Signup and view all the answers
During his travels with the Duke of Buccleuch, Adam Smith had an opportunity to meet which famous group of scholars?
During his travels with the Duke of Buccleuch, Adam Smith had an opportunity to meet which famous group of scholars?
Signup and view all the answers
Who influenced Adam Smith regarding division of labour, changes in the value of money, taxation etc.?
Who influenced Adam Smith regarding division of labour, changes in the value of money, taxation etc.?
Signup and view all the answers
What influenced Adam Smith's views and ideas during the later part of the 18th century?
What influenced Adam Smith's views and ideas during the later part of the 18th century?
Signup and view all the answers
What principle guided Adam Smith's philosophical ideas underlying his economic thinking?
What principle guided Adam Smith's philosophical ideas underlying his economic thinking?
Signup and view all the answers
According to Adam Smith, what would motivate individuals to promote the general good?
According to Adam Smith, what would motivate individuals to promote the general good?
Signup and view all the answers
What did Adam Smith believe was behind all human motives?
What did Adam Smith believe was behind all human motives?
Signup and view all the answers
What were the only three functions Adam Smith assigned to the Government?
What were the only three functions Adam Smith assigned to the Government?
Signup and view all the answers
In economic matters, what did Adam Smith support due to his belief in the natural balance of motives?
In economic matters, what did Adam Smith support due to his belief in the natural balance of motives?
Signup and view all the answers
According to Adam Smith, what created a great natural community in the economic world?
According to Adam Smith, what created a great natural community in the economic world?
Signup and view all the answers
What did Adam Smith believe was the spontaneous origin of economic institutions?
What did Adam Smith believe was the spontaneous origin of economic institutions?
Signup and view all the answers
According to Adam Smith, what was behind the effectiveness of natural balance of motives in economic matters?
According to Adam Smith, what was behind the effectiveness of natural balance of motives in economic matters?
Signup and view all the answers
What did Adam Smith consider as one of his masterpieces that contained his philosophical ideas underlying economic thinking?
What did Adam Smith consider as one of his masterpieces that contained his philosophical ideas underlying economic thinking?
Signup and view all the answers
