Adam Smith Chair of Political Economy - Adam Smith Professors of Political Economy

Adam Smith Professors of Political Economy

  • 1896-1915: William Smart
  • 1915-1940: William Robert Scott
  • 1945-1958: Alec Lawrence Macfie
  • 1958-1985: Thomas Wilson
  • 1985-1992: David Vines
  • 1994-2000: Andrew Stewart Skinner
  • 2000-2005: Gary Koop
  • 2005-present: Ronald MacDonald

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    What we are, that only can we see. All that Adam had, all that Caesar could, you have and can do. Adam called his house, heaven and earth; Caesar called his house, Rome; you perhaps call yours, a cobbler’s trade; a hundred acres of ploughed land; or a scholar’s garret. Yet line for line and point for point, your dominion is as great as theirs, though without fine names. Build, therefore, your own world.
    Ralph Waldo Emerson (1803–1882)

    Not ringed but rare, not gilled but polyp-like, having sprung up
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    These mushrooms of the gods, resembling human organs uprooted,
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    The law is a sort of hocus-pocus science, that smiles in yer face while it picks yer pocket: and the glorious uncertainty of it is of more use to the professors than the justice of it.
    Charles Macklin (1690–1797)

    Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.
    Henry David Thoreau (1817–1862)

    The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.
    Ralph Waldo Emerson (1803–1882)