Adam Smith, founding father of modern economics, 300 years later

CAMBRIDGE, England – This yr marks the three hundredth anniversary of the start of Adam Smith, the founding father of contemporary economics.

It comes at a time when the worldwide economic system faces a number of daunting challenges. Inflation charges are the very best because the late Seventies. Productiveness progress throughout the West stays sluggish or stagnant. Low- and middle-income nations are teetering getting ready to a debt disaster. Commerce tensions are rising. And market focus has elevated amongst OECD nations.

In opposition to this backdrop, Smith’s tercentenary is a chance to replicate on his invaluable insights into the dynamics of financial progress and take into account whether or not they might help us perceive the present second.