Archive for Economic Thought

Specialization on Adam Smith Mind The Wealth of Nation

Economists know Adam Smith as Economic Father, Father of Trade and Father of Specialization.

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He had popular slogan, if you want to be rich, Trade now! Smith believes that through Trading, a nation can be rich. His phenomenal book, The Wealth of Nation gives us rich information, information about how a nation can be reach. Adam Smith is also called as Father of Colonialism, because though his idea, the wealth of nations, WEST turn to war, conqueror nation with high resources. Smith is sounder of Mercantile Thought, Gold as Wealth and Rich Symbol. Gold in Africa had been extinct, Yellow Sandalwood too in my island Flores and many place with High recourses will charmed WEST. Full Article »

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