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Adam Smith graduated and taught at University of Glasgow
View on map:55.872098°N 4.287913°W
Description
A sketch of Adam Smith facing to the right
Adam Smith
FRSA
(16 June [
O.S.
5 June] 1723
[3]
– 17 July 1790) was a Scottish
economist
,
philosopher
and
author
as well as a
moral philosopher
, a pioneer of
political economy
and a key figure during the
Scottish Enlightenment
,
[4]
also known as ''The Father of Economics''
[5]
or ''The Father of Capitalism''.
[6]
Smith wrote 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 considered his
magnum opus
and the first modern work of economics. In his work, Adam Smith introduced his theory of
absolute advantage
.
[7]
References
http://en.wikipedia.org/wiki/Adam Smith
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