Adam Smith | Scottish economist | Biography In English |

 

Adam Smith he was an economist and philosopher he was born in caracal d5 Scotland on 16 June 1723 his father's name was Adam Smith and his mother's name was Margaret Douglas 

his father was a lawyer Smith's mother had a great influence on his education he went to Burke's school of Kirkcaldy where he learned writing mathematics and history he later studied philosophy from University of Glasgow when he turned 14 he also attended Valley Hill College at Oxford 

to study European literature soon after smith finished graduation a series of public lectures delivered by him at edinburgh led him to collaborate with philosopher David Hume during the Scottish enlightenment in 1750 Smith shared a very close intellectual bond with Hume and they wrote on politics history religion and economics Smith became a professor of moral philosophy

at Glasgow in 1751 he wrote his classic Theory of Moral Sentiments around this time he was elected as a member of philosophical Society of Edinburgh in 1750 - Smith spent the next 13 years as an academic which he recalled as his best years in 1763 Smith resigned from his professorship to tutor Henry Scott stepson Henry Scott was introduced to Smith through David Hume he was elected

fellow of the Royal Society of London and was elected as a member of the literary club in 1775 The Wealth of Nations was published the next year and it became an instant success in 1788 Smith returned to France where his mother was living and he was appointed as commissioner of Customs between 1787 and 1789 he was given the position of Lord rector of the University of Glasgow

during Smith's professorship at Glasgow in 1759 he wrote and published one of his classics the Theory of Moral Sentiments his bestseller The Wealth of Nations which was published in 1776 was a powerful and very influential book Smith never married in his life Smith was conferred with the title of father of modern economics 'as the book came to be known as the first modern work of economics he died in Edinburgh Scotland on 17 July 1790 the egde of 67 all money is a matter of belief said Adam Smith.