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Adam Smith
Beginning of paper
, a brilliant eighteenth-century Scottish political economist, had the
advantage of judging the significance ol colonies by a rigorous examination
based on the colonial experience of 300 years. His overview has a built-in bias:
he strongly disapproved of excessive regulation of colonial trade by parent
countries. But his analysis is rich with insi ....
Middle of paper
....
the eloquent exhortation to the rulers of Britain to awaken from their grandiose
dreams of empire, is the closing passage of Smith's book.
Adam Smith was a Scottish political economist and philosopher. He has become
famous by his influential book The Wealth of Nations (1776). Smith was the son
of the comptroller of the customs at Kirkcaldy, Fife,.... |
| Word count: 4978 |
Page count: 19 |
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