In this paper the conventional view on the origins of scientific economics are criticized. This view claims that Adam Smith 's The Wealth of Nations is the unique source and origins of scientific economics beside neglecting the preSmithian contributions to political economy. On the contrary, I assert that Smith was deeply injluenced by French Pyhsiocracy and took basic analytical apparatus making of his magnum opus from this school. In addditon to this theoretical relations, Smith alsa adapts Pyhsiocratic agrarian visian on economy and society.
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