Adam Smith

Adam Smith was known in his time as a philosopher but today he would be considered an economist.Smith's works changed economics forever.He spent much of his life attending school, teaching classes, or working on one of his books.His two works were "The Theory of Moral Sentiments" and "An Inquiry into the Nature and Causes of the Wealth of Nations," which is what he is most known for.
Adam Smith was born in Kirkcaldy, Fife, Scotland in 1723.It isn't known the exact day he was born. Adam's father died before he was born.Smith attended school in Kirkcaldy where teachers noticed that he had an extremely good memory and loved to read books (Stewart).When he was 14, Adam went to the University of Glasgow where one of his teachers was Dr. Hutcheson, who has been called the "father of speculative philosophy in Scotland in modern times" (Chew).In 1740, when Smith was 17, he got a scholarship at Oxford where he learned the Greek language and in 1748 Smith moved to Edinburgh.
In 1751, Smith was named the professor of logic at Glasgow University, and then in 1752 he took the chair of moral philosophy.He remained in this chair for 13 years.His course of lectures consisted of four different parts.The four parts were, natural theology, ethics, the branch of morality which relates to justice, and the fourth part in which he examined "those political regulations which are founded, not upon the principle of justice, but that of expediency, and which are calculated to increase the riches, the power, and the prosperity of a State" (Stewart). While he was working there he published hisfirst work, "The Theory of Moral Sentiments," which spread to Germany and France.Smith kept revising this work throughout his whole life (Griswold).
In 1764 Smith resigned at Glasgow and went with the Duke of Buccleuch to the continent of Europe.Theyfirst went to Paris and then …

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