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Adam Smith
AuthorBooks · Second hand1723-1790
Adam Smith was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by many as the "father of economics", or the "father of capitalism", he is primarily known for two classic works: The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is regarded as his magnum opus, marking the inception of modern economic scholarship as a comprehensive system and an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of divine will and instead appeals to natural, political, social, economic, legal, environmental and technological factors, as well as the interactions among them. The work is notable for its contribution to economic theory, particularly in its exposition of the concept of absolute advantage.
645
Titles
15
Featured books
5
Curiosities
About Adam Smith
Birth
1723
Death
1790
First book
1748
Years writing
278
Adam Smith was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by many as the "father of economics", or the "father of capitalism", he is primarily known for two classic works: The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is regarded as his magnum opus, marking the inception of modern economic scholarship as a comprehensive system and an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of divine will and instead appeals to natural, political, social, economic, legal, environmental and technological factors, as well as the interactions among them. The work is notable for its contribution to economic theory, particularly in its exposition of the concept of absolute advantage.
Sources and credits
Biography adapted from Wikipedia (text shortened). View article · CC BY-SA 4.0
Image: Etching created by Cadell and Davies (1811), John Horsburgh (1828) or R.C. Bell (1872). · Public domain · View file
Adam Smith was born in the Scottish town of Kirkcaldy in 1723.
He is globally recognized as the pioneer of modern political economy.
His masterpiece, The Wealth of Nations, is considered the first modern work of economics.
Beyond economics, Smith excelled as an influential moral philosopher and university professor.
His literary legacy includes hundreds of publications exploring ethics and the functioning of society.
