Adam Smith

Article abstract: Smith was one of the major luminaries of the eighteenth century Scottish Enlightenment. His The Wealth of Nations became the bible of nineteenth century liberals, and twentieth century conservatives are similarly animated by his vision of the beneficent results of the free marketplace. Economists, whatever their personal ideologies, continue to pay homage to Smith for his contribution to the study of economic development.

Early Life

Adam Smith was born in Kirkcaldy, a fishing and mining town near Edinburgh. His exact date of birth is...

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