Adam Smith
Adam Smith (5 June 1723 – 17 July 1790]) was a Scottish social
philosopher and a pioneer of political economy. One of the key figures of
the Scottish Enlightenment, Smith is the author of An Inquiry into the
Nature and Causes of the Wealth of Nations. The latter, usually
abbreviated as The Wealth of Nations, is considered his magnum opus
and the first modern work of economics. It earned him an enormous
reputation and would become one of the most influential works on
economics ever published. Smith is widely cited as the father of modern
economics and capitalism.
Smith spent ten years writing The Wealth of Nations, publishing it in 1776.
There were many more economic writers before and after Adam Smith, he
is included here because his work reflects the prevailing economic
thought during the time of the forming of the United States.
philosopher and a pioneer of political economy. One of the key figures of
the Scottish Enlightenment, Smith is the author of An Inquiry into the
Nature and Causes of the Wealth of Nations. The latter, usually
abbreviated as The Wealth of Nations, is considered his magnum opus
and the first modern work of economics. It earned him an enormous
reputation and would become one of the most influential works on
economics ever published. Smith is widely cited as the father of modern
economics and capitalism.
Smith spent ten years writing The Wealth of Nations, publishing it in 1776.
There were many more economic writers before and after Adam Smith, he
is included here because his work reflects the prevailing economic
thought during the time of the forming of the United States.