Happy Birthday Economics

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Two hundred and thirty-five years ago today (March 9th) Adam Smith published An Inquiry into the Nature and Causes of the Wealth of Nations. Russell Roberts post on Cafe Hayek some commentary on the importance and relevance of this classic work.

Adam Smith was not the first to write about economics, but was the first to write a formal treatise and was a great systematizer of the field. In less than two weeks (March 21-25) the Initiative for Public Choice & Market Process will celebrate with our third annual Adam Smith Week.

Speakers will include James Otteson and Russell Roberts.

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