In one work, this man argued that natural feelings of sympathy and conscience established a natural regulation of beneficial social patterns.
In one work, this man argued that natural feelings of sympathy and conscience established a natural regulation of beneficial social patterns. In addition to The Theory of Moral Sentiments, he wrote another work in which he formulated an early version of Ricardo's law of rent and analyzed the division of labor in a pin factory. That work proposes land, labor, and capital as the three factors of production and proposed an "invisible hand" governing laissez-faire economies. For 10 points, name this Scottish economist who attacked mercantilism in The Wealth of Nations.
In one work, this man argued that natural feelings of sympathy and conscience established a natural regulation of beneficial social patterns.
Adam Smith