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Article: Adam Smith's Legacy: His Place in the Development of Modern Economics.
- Article from:
- Southern Economic Journal
- Article date:
- January 1, 1995
- Author:
CopyrightCOPYRIGHT 1995 Southern Economic Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This book originated in a conference held in Edinburgh in July, 1990, to mark the bicentenary of Adam Smith's death. Eleven laureates participated, "the largest number of Nobel laureates in economic science," we are told in the Foreword, brought together "since the prize was instituted in 1969." Not all eleven attended the conference. Paul Samuelson later sent in his paper, Sir Richard Stone's paper was read for him, and Jan Timburgen's paper was read by another laureate, James Mead, who did not offer a paper. Thus, of the ten papers printed in this volume, seven are by laureates who attended the conference and the eighth was read by a laureate who did not offer a paper. ...