March 9, 1776: 'THE WEALTH OF NATIONS' IS PUBLISHED - Adam Smith's 'An inquiry into the nature and causes of the Wealth of Nations', generally referred to by its shortened title — 'The Wealth of Nations', is published, marking the beginning of modern http://www.buzzblend.com
The Battle of Waterloo which ended the twenty-three years' war of the first French Revolution. It was a period of violence, of tumult, of unrestingly destructive energy-a period throughout which the wealth of nations was scattered like sand, and the blood of nations lavished like water. The Battle of Waterloo quelled Napoleon Bonaparte whose genius and ambition had so long disturbed and desolated the world, deserves to be regarded by us as one of the greatest victories.
Both the opponents of and believers in Adam Smith's free market capitalism have added to the framework setup in "The Wealth of Nations". Like any good theory, free-market capitalism gets stronger with each reformulation, whether prompted by an addition from a friend or an attack from a foe.