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Social and Behavioral Sciences Commons

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Economics

Journal of the Minnesota Academy of Science

1977

Economics--History

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Full-Text Articles in Social and Behavioral Sciences

Is Classical Doctrine Relevant To Contemporary Economic Problems, S. M. Kahng, Shelley Kari Jan 1977

Is Classical Doctrine Relevant To Contemporary Economic Problems, S. M. Kahng, Shelley Kari

Journal of the Minnesota Academy of Science

Classical theory, especially as propounded by Adam Smith 200 years ago, is examined for applicability to contemporary economic problems. The broad scope of classical concepts is suggested as a means of adding relevance to more restricted modern approaches.