This paper examines Adam Smith's influence on American fiscal policy.
Written in 2005; 3,375 words; 13 sources; $ 133.95
Paper Summary:
This paper relates that the influence of the famous Scottish economist Adam Smith on American fiscal policy was significant. The author points out that his foundational economic theories provided important guidance for the Founding Fathers as they formulated economic policies for the new nation. The paper notes that the publication in 1776 of Smith's book "An Inquiry into the Nature and Causes of the Wealth of Nations" introduced the science of political economy to the world.
From the Paper:
"The influence of the famous Scottish economist Adam Smith on American fiscal policy was significant, for his foundational economic theories provided important guidance for the Founding Fathers as they formulated economic policies for the new nation. The publication in 1776 of Smith's book, An Inquiry into the Nature and Causes of the Wealth of Nations, introduced the science of political economy to the world."
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