When Adam Smith and the English classicals promoted division of labor as the most important ingredient in economic development, it took Carl Menger and his Austrian successors to point out that error and promote the proper economic theory of production.
Pedro Goulart
Pedro Goulart is a graduate of La Salle University in Niterói, Rio de Janeiro, where he earned degrees in both Administration and Accounting. Specializing in Control and Forensic Accounting, Pedro is actively involved in financial investigation and analysis. Pedro, in addition to his role as an analyst in the capital markets, also actively engages in economic affairs.
Latest work
Adam Smith, in his 1776 book The Wealth of Nations, stipulates the guiding principles of classical economic orthodoxy, establishing guiding principles that will guide the English economic paradigm...
Near the end of the nineteenth century, the European intellectual scene witnessed a remarkable theoretical contest known as the “battle of methods,” or in German, Methodenstreit. This intellectual...
