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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Bibliographic Details
Main Author: Orio Giarini
Format: Article
Language:English
Published: Risk Institute, Trieste- Geneva 2016-10-01
Series:Cadmus
Online Access:http://cadmusjournal.org/article/volume-3/issue-1/rethinking-economics-role-insurance-adam-smith