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Scottish philosopher Adam Smith publishes The Wealth of Nations, ushering in the classical period of political economy.

Historical image related to Scottish philosopher Adam Smith publishes The Wealth of Nations, ushering in the classical period of political economy. from March 9, 1776

Adam Smith

Scottish economist and philosopher (1723–1790)

Adam Smith was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by many as the "father of economics" or the "father of capitalism", he is primarily known for two classic works: The…
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The Wealth of Nations

1776 work on economics by Adam Smith

An Inquiry into the Nature and Causes of the Wealth of Nations, usually referred to by its shortened title The Wealth of Nations, is a book by the Scottish economist and moral philosopher Adam Smith; published on 9 March 1776, it offers one of the first accounts of what builds…
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Classical economics

School of thought in economics

Classical economics, also known as the classical school of economics, or classical political economy, is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. It includes both the Smithian and Ricardian…
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Political economy

Study of the development of social production

Political or comparative economy is a branch of political science and economics studying economic systems and their governance by political systems. Widely-studied phenomena within the discipline are systems such as labour and international markets, as well as phenomena such as…
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March 9

Day of the year

March 9 is the 68th day of the year in the Gregorian calendar; 297 days remain until the end of the year.
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