Article Abstract:
Adam Smith was an 18th century economist who whose work on the economy and society was characterized by pragmatism. He did not advocate laissez-faire policies exclusively, but instead aimed for a main goal of rapid growth of the economy, and selected whatever tool appeared likely to achieve this aim. Smith could be represented as a cautious interventionist. He saw the market and the government as different and competing means rather than as ends in themselves. This can be seen in different aspects of his work such as his discussion of public finance.
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Article Abstract:
Transaction costs involved in monetary exchange are examined in detail, and their implications for economic models of monetary transactions are also assessed.
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Article Abstract:
The examples of Ghana and Cote d'Ivoire are used as case studeis for proprty rights theories.
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