Adam Smith (1723 – 1790) was a Scottish economist. He was deeply critical of Christianity because of his own observation of hypocrisy within Protestantism.
In 1759, Smith published The Theory of Moral Sentiments, which established Smith’s reputation in his own days, is concerned with the explanation of moral approval and disapproval. He based his explanation on sympathy as a fundamental human motive.
In 1776, he published The Wealth of Nations that became the foundation of modern economics.
There has been considerable controversy as how far there is contradiction between Smith’s emphasis on sympathy in his <em>Theory of Moral Sentiments</em> and the key role of self- interest in <em>The Wealth of Nations</em>.
Smith’s idea of letting an economy without government intervention, called today Laissez faire was not about the government granting special economic privileges to powerful manufacturers and merchants. Mercantile monopolists and their allies in Parliament today, are the great enemies of Smith’s “free market mechanism”.
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The factors leading to the decline of ancient Egypt were largely uncontrollable. A civil war coupled with invasions by the Assyrians weakened the Egyptian military allowing the Persian empire to successfully invade and take over Egypt.
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After WW2, Many american cities began to decline because of the f<span>light of middle-class white families.</span>
Could be described as Eastern Europe. Group of countries within the sphere of influence of the Soviet Union. Including Soviet Union itself and satellite countries: East Germany, Poland, Czechoslovakia, Romania, Bulgaria, Yugoslavia and Hungary
