IndexIntroductionThe New Europe: the case of the city from Smith's point of viewModern capitalismSmith on political legitimationIntroductionAlthough Adam Smith died 200 years ago, it is clear that the His work has had a greater impact on modern economic policy than any other leader in economic history. While the prescription of Karl Marx and John Maynard Keynes has not stood the test of time, Smith's ideas are continually invoked and modern economic policies are measured in line with his principles. In a more suitable year, with the global disintegration of communism and the growing support of the markets, the bicentenary could hardly have happened. Throughout Eastern Europe, Smith's works continue to be translated and disseminated, and their importance is renewed. Smith earned the international reputation he holds today as a testament to the influence of theories. Considering his character, it's even more surprising. As Leo Rosten tells us, he once walked the streets in his clothes, absorbed in a question of reason, a silent and distracted teacher. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Smith was not the founder of economics, strictly speaking, and his work clearly draws on the ideas of his contemporaries. However, he was very clear in his analysis of capitalism and its practice in a coherent system. The Wealth of Nations, his most discussed work, was found in a collection of plays that interacted with all aspects of human action, including ethical feelings. Adam Smith's enthusiasm must not be limited to university activities. He was a popular writer during that time and should remain so today. This volume contains one essay by a government minister and one by a mainstream British journalist, as well as several essays by scholars and academics, reflecting Smith's wide relevance and the fact that his ideas can be understood and discussed by a wide public. circle of readers. Smith may extend this gratitude further on the bicentenary of his birth. The New Europe: the case of the city according to SmithWhat about Western Europe? What would Adam Smith have said about the future direction of the Community based on current arguments? First, he would probably have regarded accusations that Britain had become “non-communal”, dragging its feet on the “New Union”, “failing to live up to the Western dream”, as an exclusive appeal to interest groups . I'm sure he will say, as with domestic investors, that their ideas "want to be heard with great caution and should never be accepted unless they are examined long and carefully." He would have been shocked and disheartened by the suggestion made by some of Britain's leading politicians that, for political reasons, we would sign control of the main instruments of macroeconomic policy. You probably would not be surprised to find that those who boast most loudly about their good Europeanism are often those who have done the least to implement single market directives, certainly the key litmus test, almost as if the rhetoric of commitment to Europe's common market had nothing to do with reality. If his pen had worked to deflate the windy nonsense that is talked about in Europe, unmasking the special interests behind the slogans and helping us to build a Europe in which all citizens can pursue their interests in a community that is truly a market free and unconventional, without monopoly, state direction, intervention or unnecessary rules. And as he said.