Adam Smith (5 June 1723 – 17 July 1790) was a Scottish moral philosopher and a pioneer of political economy. One of the key figures of the Scottish Enlightenment, Adam Smith is best 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, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. Smith is cited as the father of modern economics and is still among the most influential thinkers in the field of economics today. In 2009, Smith was named among the 'Greatest Scots' of all time, in a vote run by Scottish television channel STV.
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Famous quotes containing the words adam smith, adam and/or smith:
“The propensity to truck, barter and exchange one thing for another ... is common to all men, and to be found in no other race of animals.”
—Adam Smith (17231790)
“Thou knowest in the state of innocency Adam fell, and what
should poor Jack Falstaff do in the days in villainy?”
—William Shakespeare (15641616)
“This Englishwoman is so refined
She has no bosom and no behind.”
—Stevie Smith (19021971)