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ADAM SMITH, THE INVISIBLE HAND, AND IMPACT ON THE ECONOMY
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This 10-page paper discusses Adam Smith's "invisible hand" theory, and whether it's applicable to today's economy. Bibliography lists 6 sources.
Filename: MTinvihand.rtf

Adam Smith: Theory Of Growth And International Trade
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7 pages in length. Adam Smith, considered quite universally to be the father of contemporary economics (Rouse, 1995), grew up under the watchful eye of his widowed mother and attended college on a scholarship. Clearly immersed in the principles of philosophy and logic, he ultimately turned his talents toward economics where he cultivated his popular - if not greatly debated - economic theory of growth and international trade as being founded upon the division of labor, a reality Smith (1991) claims is integral to the quest for wealth and the growth of a society. The greatest turning point in his life is unarguably when he published Wealth of Nations, which inevitably cast him 'as the fountainhead of contemporary economic thought' (The Library of Economics and Liberty, 2002). Bibliography lists 15 sources.
Filename: TLCAdamSmith.rtf

Adapting the Solow-Swan Model
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This 20 page paper examines the Solow-Swan Model, also known as the Neo-classical growth model. The model is examined and assessed, compared with the Harrod-Domar model with the aim of considering how the model could be adapted. Using the literature existing adaptations are discussed and the potential of a multiple stable steady states model. The bibliography cites 20 sources.
Filename: TEsolowswan.rtf

Addressing Inequalities in Income Distribution in Australia
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This 5 page paper considers how the inequalities in the distribution are increasing between the richest and poorest in society. The writers considers way in which this may rectified and the potential side effects by looking as tools such as taxation, welfare payments and wages policies. The bibliography cites 6 sources.
Filename: TEaustin.rtf


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