Markt und Staat bei Adam Smith

Autor: Johannes Treu
Rok vydání: 2010
Předmět:
Zdroj: Zeitschrift für Wirtschaftspolitik. 59:182-200
ISSN: 2366-0317
0721-3808
DOI: 10.1515/zfwp-2010-0207
Popis: The name of Adam Smith is always associated with the development of the invisible hand, the differentiation of labour and with the foundation of the economic liberalism, so that his book the Wealth of Nation is still in fashion. Based on the criticism of mercantilism system Smith develops his own economic system. Furthermore this economic system is more than pure discretion, it is also instruction which role the market and the state have to fulfil. Smith attributes to the market his famous role, the free function of the price system. Whereas the function of the state is limited to three tasks and no intervention into the market or price process are allowed.
Databáze: OpenAIRE