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Abstract: This 10 pages paper uses the "Father of Economics'" work, "The Money Game" as its reason, but speaks more to Adam Smith's basic theories and how they apply to today's economies, particularly those of America and the evolving Russian prefects since the dissolution of the Soviet Union. The discussion of America's economy compares the New Deal of FDR to Ronald Reagan's "trickle down" approach of Reaganomics. Included is a glance at the length of time required for government to effectively back away from the free or mixed market and the inability of only one subsequent and ideologically opposed administration to change the set course in only one term. Bibliography lists 5 sources.
Catagory: Money & Banking / Corporate Finance
Subcatagory: Accounting & Personal Finance
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