The Adam Smith Chair of Political Economy is a chair at the University of Glasgow, named for Adam Smith, pioneering economist, author of The Wealth of Nations, and one of the University's most famous sons. It was established in 1896 from a lectureship which had been endowed in 1892 by Andrew Stewart, founder of Stewarts & Lloyds tube-manufacturers. Occupants are appointed by the University Court acting with a representative of the Merchants' House of Glasgow, the Trades House of Glasgow and the Chamber of Commerce of Glasgow.
Read more about Adam Smith Chair Of Political Economy: History, Adam Smith Professors of Political Economy
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“That wealth and greatness are often regarded with the respect and admiration which are due only to wisdom and virtue; and that the contempt, of which vice and folly are the only proper objects, is often unjustly bestowed upon poverty and weakness, has been the complaint of moralists in all ages.”
—Adam Smith (1723–1790)
“Thou knowest in the state of innocency Adam fell, and what
should poor Jack Falstaff do in the days in villainy?”
—William Shakespeare (1564–1616)
“I call her old. She has one family
Whose claim is good to being settled here
Before the era of colonization,
And before that of exploration even.
John Smith remarked them as he coasted by....”
—Robert Frost (1874–1963)
“It is a question whether, when we break a murderer on the wheel, we do not fall into the error a child makes when it hits the chair it has bumped into.”
—G.C. (Georg Christoph)
“It has been years since I have seen anyone who could even look as if he were in love. No one’s face lights up any more except for political conversation.”
—Margaret Anderson (1886–1973)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)