________ is considered by some to be the father of modern economics.
A) John Maynard Keynes
B) Adam Smith
C) Thomas Piketty
D) Thomas Malthus

Question

Quizplus · Accepted Answer

Adam Smith is often referred to as the father of modern economics due to his groundbreaking work in "The Wealth of Nations" published in 1776. He introduced the concept of the invisible hand and laid the foundation for modern economic theory. While other economists such as John Maynard Keynes and Thomas Malthus have also made significant contributions to the field, Adam Smith's work remains highly influential today. Thomas Piketty, on the other hand, is a contemporary economist whose work focuses on income and wealth inequality.

________ Is Considered by Some to Be the Father of Modern