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2 Answers
- Anonymous1 decade agoFavorite Answer
It really evolved over time more than it was invented, but the most prominent theorists were Adam Smith and David Ricardo.
- ............Lv 71 decade ago
An Anglo-Saxon economy or Anglo-Saxon capitalism so called because it is supposedly practiced in English-speaking countries such as the United Kingdom, the United States, Canada, New Zealand, Australia and the Republic of Ireland is a capitalist macroeconomic model in which levels of regulation and taxes are low, and government provides relatively fewer services
Source(s): http://en.wikipedia.org/wiki/Anglo-Saxon_economy ge