Identiifcation Of The Validity Of Construction Project Contract

Adam Smith is the founder of American economics.In his book,an inquiry into the"Nature and Cause of the Wealth of Nations",he strengthens the power of the"invisiblehand"in the market. And in"the Theory of Moral Sentiment", he strengthens the powers ofmoral.“Adam Smith Problem”in fact is the problem of the integrity of moral andeconomy.However,the above two are often separatedi in many fields of economicsociety.Ways are various and government’s controlled economic policies plays the veryimportant role in correcting the separation.The law making and implementation of the controlshould be prospective and with no rear disturbance.The penalty must be scientific with theaims of filling up the gap,plugging up loopholes and limiting behavior anainst moral. AdamSmith’s thoughts about justice are plentiful and profound. Smith’s justice has the quality ofcoercion and naturalness. As the premise of freedom and the basis of existence of society italso has its limits. Hayek’s thoughts about justice and distributive justice, starting justice andso on advocated in modern society have inherited Smith’s thoughts and brought forth newideas.