The most important work of classical economic liberalism is
A) The Wealth of Nations by Adam Smith published in 1776.
B) The General Theory of Employment, Interest and Money by John M. Keynes published in 1937.
C) The Communist Manifesto by Karl Marx published in 1848.
D) Capitalism and Freedom by Milton Friedman published in 1982.

Question

Quizplus · Accepted Answer

The Wealth of Nations by Adam Smith is considered the foundational work of classical economic liberalism, providing the intellectual groundwork for concepts such as free markets, division of labor, and limited government intervention in economic affairs. It has had a significant and lasting impact on economic thought and policy around the world. The other options are either critiques of classical liberalism or perspectives that emerged after classical liberalism's development in the 18th and 19th centuries.

The Most Important Work of Classical Economic Liberalism Is