Adam Smith


On training for the past two weeks so I have not had much time to read up and react to stuff these days but normal service will resume soon. This blog post kick-starts a series on famous economists starting with the progenitor of economics – Adam Smith

Evidence exists pointing to a common origin in the mitochondrial DNA of economics. Although prior to this ancestor and as with the evolution of Man according to Charles Darwin, certain species or writings of economic nature in a hitherto vacuous form existed. However, from the very moment the bumbling author who lived with his mother all his life penned the words in the next paragraph, economics had its ‘one step for a man, one giant leap for mankind’ moment.

“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to…

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