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OpenStudy (anonymous):

Anyone can tell me why John Nash have crossed out Smith ideas ?

OpenStudy (anonymous):

While at the time they were first postulated, Adam Smith's ideas were revolutionary and insightful, over time with the transformation of economics through globalization and increased government involvement as characterized by John Manyard Keynes, the specifics of Smith's philosophy have become slightly dated. However, his basics tenets have remained the foundation for Free Market economists.

OpenStudy (matthewrlee):

Nash liked his own ideas.

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