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Explores the question 'who is the greater economist, Adam Smith or Charles Darwin?' Frank argues that Darwin's understanding of competition describes economic reality far more accurately than Smith's, and that the consequences of this are profound.
Synopsis
Who was the greater economist - Adam Smith or Charles Darwin? This title predicts that within the next century Darwin can unseat Smith as the intellectual founder of economics. It argues that Darwin's understanding of competition that describes economic reality far more accurately than Smith's.