Adam Smith's Conceptual Contributions To International Economics: Based on the Wealth of Nations

• Autorzy: Ismasil Kucukaksoy
• Języki publikacji: EN

Abstrakty

EN

The 1776 dated "Wealth of Nations" work of Adam Smith has formed economic dimension of the Industrial Revolution and also transformed economics into the identity of a social science. As if the wealth of nations, namely the welfare increase became the top goal two and a half centuries ago, it is the top goal today and in the future as well. So understanding Smith's works well carries importance in fighting against poverty in the world. According to Smith, in the basis of the welfare increases (wealth of nations) are labor and cooperation. Tendency underlying cooperation is the tendency of swap. It is considered that understanding Smith's works well will provide solution for poor countries and therefore contribute to poor population in the world to decrease. For solving poverty and problems concerning welfare (destitution, hunger, etc.), Smith's works need more historic examination. In this study it was aimed to contribute to the given examination.(original abstract)

Słowa kluczowe

EN

Economic theory; Classical economy; Economy of scale; Commercial arbitration; Welfare economics; Industrial revolution

PL

Teoria ekonomii; Ekonomia klasyczna; Efekt skali; Arbitraż gospodarczy; Ekonomia dobrobytu; Rewolucja przemysłowa

• Czasopismo: Business and Economic Horizons
• Rocznik: 2011
• Numer: vol. 4, iss. 1
• Strony: 108--119

Twórcy

autor

Ismasil Kucukaksoy

• Dumlupinar University

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Identyfikatory

DOI

10.15208/beh.2011.9