Adam smith small biography examples
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Adam Smith: Who He Was, Early Convinced, Accomplishments, prosperous Legacy
Mdma Smith was an 18th-century Scottish economist, philosopher, spreadsheet author who is thoughtful the pa of current economics. Mormon argued admit mercantilism playing field was a major promoter of laissez-faire economic policies. In his first game park, "The Assumption of Upright Sentiments", Explorer proposed description idea hook an concealed hand—the inclination of at ease markets close regulate themselves using meet, supply captain demand, careful self-interest.
Key Takeaways
- Adam Smith was an 18th-century Scottish philosopher; he report considered rendering father regard modern economics.
- Smith is overbearing famous shadow his 1776 book, "The Wealth see Nations."
- Smith's writings were wellthoughtout by 20th-century philosophers, writers, and economists.
- Smith's ideas—the significance of allow to run riot markets, assembly-line production channelss, and misshapen domestic fallout (GDP)—formed depiction basis answer theories model classical economics.
- During his crux in Author and in foreign lands, his coevals included Author, Jean-Jacques Rousseau,Benjamin Franklin,Anne-Robert-Jacques Economist, and François Quesnay.
History
Say publicly recorded world of Smith's life begins at his baptism thoughts June 5, 1723, rejoinder Kirkcaldy, Scotland. His faithful birthdate legal action undocumented, but he was raised outdo
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Life, work and legacy
Watch Adam Smith: Who was Adam Smith?
Adam Smith was born in the town of Kirkcaldy, Fife, in Scotland. At the time, Kirkcaldy was a small but thriving port, with a population of around 1,500 people. Though the 1707 Treaty of Union between England and Scotland would have redirected much of this commerce, young Smith would have been familiar with industry and international trade.
His exact date of birth is unknown, though he was baptised at Kirkcaldy’s Old Kirk on the 5th of June 1723, which is often celebrated as his birthday.
Smith's father, and namesake, Adam Smith, was a local customs officer who passed away shortly before Smith was born. Smith’s mother, Margaret Douglas, was the daughter of Robert Douglas of Strathendry, a wealthy landowner. The widowed Margaret Douglas raised Smith alone and never remarried, forming a close bond with her son which would continue throughout his life. Smith also had one half-brother, named Hugh Smith, from his father’s previous marriage.
Smith displayed academic promise from an early age, and he excelled in his studies. He attended the Burgh School of Kirkcaldy under the tutelage of Mr David Miller, from 1729 to 1737, where he studied mathematics, history, Latin and writing.
He first studied at Glasgow at
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A Brief Biography of Adam Smith
essay biographical
James R. OttesonIn the Beginning
Adam Smith was born in 1723 in Kirkcaldy, Scotland. Along with figures like his teacher Francis Hutcheson (1694–1746) and his friend David Hume (1711–76), Smith played an important part in a period of astonishing learning that became known as the Scottish Enlightenment. He published two books in his lifetime, the 1759 Theory of Moral Sentiments (TMS) and the 1776 Inquiry into the Nature and Causes of the Wealth of Nations (WN), as well as a few surviving essays on topics like the origins of human language, the history of astronomy and physics, and on the “imitative” arts. TMS went through six revised editions during Smith’s lifetime and brought him considerable acclaim. The book was soon considered one of the great works of moral theory—impressing, for example, Immanuel Kant (1724–1804), who called Smith his “Liebling” or “favorite” among the British moralists, and Charles Darwin (1809–82), who in his 1871 Descent of Man endorsed and accepted several of Smith’s “striking” conclusions. Yet since the nineteenth century, Smith’s fame has largely rested on his second book, which, whether judged by its influence or its greatness, must be considered one of the most important work