William Smart (economist)

William Smart (10 April 1853 – 19 March 1915) was a Scottish economist.

[1] Initially inspired by Thomas Carlyle and John Ruskin,[2] Smart was a conveyor of the thought of the Austrian School,[3] before being won-over to the neoclassicalism of Alfred Marshall.

Smart, eldest son of Alexander Smart and grandson of Reverend William Smart, was born in Barrhead, Scotland.

William Smart
Distribution of income , 1899