Full Name: Adam Smith ( एडम स्मिथ )
Nickname: Father of Economics, Greatest Scots
Father: Adam Smith Sr. (d. Jan-1723)
Mother: Margaret Douglas (d. May-1784)
Date of Birth: 5 June 1723 OS
Birth Place: Kirkcaldy, Scotland
Date of Death: 17 July 1790 (aged 67)
Death Place: Edinburgh, Scotland
Cause of Death: Unspecified
Remains: Buried, Canongate Churchyard, Edinburgh, Scotland
Religion: Deist
Race or Ethnicity: White
Education; High School: Burgh School
University: MA, Glasgow University (1740)
University: Oxford University
Occupation: Economist, Philosopher
Professor: Glasgow University (1751-64)
Region: Western Philosophy
Main Interests: Political Philosophy, Ethics, Economics
Notable Ideas: Classical economics, Modern free market, Division of labour, The "invisible hand"
Influenced By: Aristotle, Joseph Butler, Richard Cantillon, Thomas Hobbes, John Locke, David Hume, Mandeville
Influenced: Auguste Comte, Charles Darwin, Engels, Immanuel Kant, Marx, John Stuart Mill, Amartya Sen, David Ricardo
Major Writing: The Theory of Moral Sentiments (1759, ethics), An Inquiry into the Nature and Causes of the Wealth of Nations (1776, economics), The Wealth of Nations (1776)
Scottish philosopher and political economist Adam Smith (5 June 1723 OS – 17 July 1790) is best known for his An Inquiry into the Nature and Causes of the Wealth of Nations (1776), a book of classic of modern economics and a framework for the basis of free market economics. His The Theory of Moral Sentiments (1759), an another great which wrote on ethics.
Childhood & Early Life:
Adam Smith was born in Kirkcaldy, fife, Scotland. His father, Adam Smith Sr. was a lawyer and civil servant and mother was Margaret Douglas. His father died two months later of his born. He attended the Burgh School of Kirkcaldy where he studied Latin, mathematics, history and writing. At the aged of fourteen, he entered the University of Glasgow and studied moral philosophy. Smith was awarded the Snell exhibition in 1740 and he left Glasgow to attend Balliol College, Oxford.
Personal Life:
Not much is known about Smith's personal life and views beyond. After his death, His personal papers were destroyed at his own request. He never married and he have maintained a close relationship with his mother. He lived with whom his returning from France and his mother died six years before his own death.
Later Life & Death:
Smith became lecturer in University of Edinburgh in 1748. In 1750 he met and became lifelong friends with Scottish philosopher and economist David Hume. In 1751, Smith became professor at Glasgow University for teaching logic courses and elected a member of the Philosophical Society of Edinburgh in 1752. In 1759 embodying some of his Glasgow lectures, Smith published The Theory of Moral Sentiments. Between 1763–66, he traveled France where Smith met Benjamin Franklin and French economist Turgot. In 1776 Smith published An Inquiry into the Nature and Causes of the Wealth of Nations (usually shortened to The Wealth of Nations). He also explored theories of the division of labor, an idea dating back to Plato. In 1787, Smith was named rector of the University of Glasgow, and he died just three years later on 17 July 1790, at the age of 67. He was buried at Canongate Churchyard in Edinburgh, Scotland.
0 Comments