Rethinking Economics, the Role of Insurance: Adam Smith Upside Down—The Central Role of Insurance in the New Post-Industrial (Service) Economy
In the first page of The Wealth of Nations, Adam Smith described an apparently trivial issue, the making of a pin. In his search for ways to effectively fight poverty, he formulated the basis for a new view of economy based on the Industrial Revolution. Two centuries later, the perspective he develo...
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Format: | Article |
Language: | English |
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Risk Institute, Trieste- Geneva
2016-10-01
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Series: | Cadmus |
Online Access: | http://cadmusjournal.org/article/volume-3/issue-1/rethinking-economics-role-insurance-adam-smith |