ABSTRACT
Adam Smith’s work ‘An Enquiry into the Nature and Causes of the Wealth of Nations’ raises political economy to the level of the positive sciences, by the care he took never to base his reasoning other than on observation and experience… If one were simply to jot down the number of truths that Smith established beyond doubt, the useful consequences he derived from the most firmly founded principles, the both shrewd and accurate insights revealed at every moment by his most accurately directed observations, the varied examples provided by his vast knowledge, one would fill a whole book.
