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The Wealth Of Nations By Paul Krugman

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Paul Krugman’ essay describe some aspect of the economic system that we live in. The essay points out every details that matter in the world of economic. In his essay, he approaches Adam Smith’s admiration for the free market, the critics of the free market, the role of law and regulation in the economy, the role of unforeseen and Keynes’s theory of counter-cyclical stimulus. Adam Smith is the father of capitalism and he wrote the book “The Wealth of Nations”. There some parts of the book talk about free market. Adam Smith’s admiration for the free market is very conphensive because he wanted to make sure evryhing was in the right. Free market is to provide good and services for the people. For Adam, he thought the market should work freely

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