Who advocated that capitalism works best without government intervention?

Question

Quizplus · Accepted Answer

Adam Smith, a Scottish economist, is best known for his advocacy of laissez-faire economics, which argues that capitalism works best when there is little to no government intervention. Smith believed that the free market would regulate itself and that competition would lead to increased efficiency and prosperity. His ideas laid the foundation for classical liberalism and influenced many other economists, including Friedrich Hayek and Milton Friedman.

Who Advocated That Capitalism Works Best Without Government Intervention