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Adam Smith

Adam Smith (1723-1790) was a Scottish economist, philosopher as well as a moral philosopher, a pioneer of political economy, and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism''. Smith wrote two classic works, The Theory of Moral Sentiments and The Wealth of Nations, first modern works of economics. In his works, Adam Smith introduced his theory of absolute advantage.

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