On what two important ground adam smith's definition of economics was vehemently criticized?

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asked Aug 21, 2022 136k views

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Rattle · Answer 1 · 2022-08-26T22:04:52+0000

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Adams smiths definition of economics restricted the meaning of wealth. neglected human welfare. man does not work for wealth alone, he ignores the problem of scaricity and choice and poor definition of materialistic.

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On what two important ground adam smith's definition of economics was vehemently criticized?

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On what two important ground adam smith's definition of economics was vehemently criticized?