When "The Wealth of Nations" was published, the academic community recognized it as a milestone work. But does that mean Adam Smith is the "Father of Economics"? Not necessarily. There are at least three reasons worth debating — although this book has a profound influence, attributing all the credit to it might be a bit overstated. To understand the true origins of modern economics, one must look further and broader.
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When "The Wealth of Nations" was published, the academic community recognized it as a milestone work. But does that mean Adam Smith is the "Father of Economics"? Not necessarily. There are at least three reasons worth debating — although this book has a profound influence, attributing all the credit to it might be a bit overstated. To understand the true origins of modern economics, one must look further and broader.