Search results for keyword: adam
Turgot's Tax Thoughts
The taxation philosophy of adam Smith, often referred to as the father of modern economics, has been a major influence in the field of finance for over two hundred years. His writings and teachings have informed taxpayers, policymakers, and tax practitioners of the importance of fair taxation in o......
10/07/2023 
1036 
Sophie
Supply-side tax thought
adam Smiths views on taxation
adam Smith was a Scottish economist, philosopher, and author who is internationally recognized as being the “father of modern economics.” His magnum opus, An Inquiry into the Nature and Causes of the Wealth of Nations, was published in 1776 and is considered the fi......
Freiburg School
The Freiburg School is one of the most important philosophical movements of the 20th century. Founded in the German city of Freiburg in the 1920s, it developed a distinctive approach to philosophical inquiry that remains influential today.
The Freiburg School is politically and ethically committe......
public finance theory
Public Finance Theory
Introduction
Public finance is a branch of economics that focuses on the taxation and expenditure policies of the state. It studies how resources are acquired, distributed and used in the public sector. It is one of the oldest and most important areas of economics and has b......
Wage Determination Theory of Classical Economists
Classical economists, including adam Smith and David Ricardo, proposed a theory of wage determination that they believed applied to labor markets and the economy as a whole. According to classical economics, wages are determined by the forces of supply and demand in the labor market. That is, if t......
classical interest rate theory
Classical Theory of Interest
The classical theory of interest is an economic theory developed in the 18th century by Scottish economist adam Smith and other economists of his time. This theory states that in a free market, the rate of interest is determined by the supply and demand for saving, bo......
Tax Thoughts of the Classical School
Classical Taxation theorists
The Classical Taxation theorists emerged in the late 18th century, often referred to as the “fathers” of public finance and tax theory. These theorists are adam Smith, David Ricardo, and John Stuart Mill each of whom had individual views on taxation and public financ......
International Economics
International Economics
The term “international economics” encompasses broad disciplines centered on the global economy. The field of international economics is focused on the effects of global markets that involve the interactions of governments, businesses, and consumers worldwide. The scope ......
Theory of National Fiscal Crisis
The National Financial Crisis Theory
The national financial crisis theory is one of the oldest economic theories in the world, dating back to the time of adam Smith in the 18th century. It is based on the idea that a country’s economy is prone to cycles of booms and busts and that it is possible......
macroeconomics
Introduction
Macroeconomics is one of the core disciplines of economics. It is the study of economic behavior of entire nations and governments, as well as their interactions with international markets. By considering the aggregated outcomes of individual decisions, macroeconomics provides a fram......
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