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Inspirations

Smith was inspired by his professor, Francis Hutcheson's lectures, it affected who he was as a person. He later then devoted himself to his studies and became a professor of logic and gave lectures of his own.

later life..

Smith then published a book called the The moral of Sentiments {which talks about the theory of psychology}. A few years later he tutored a young duke of buccleoch, which allowed him to meet other intellectuals in Europe.

Education/Early life

He started college when he was 14, on a scholarship to Glasgow University where he studied social philosophy then continued his studies at Baillol College where he recieved knowledge about English Literature.

Smith's ideas were a reflection on economics.He believed free market economies shouldn't just be productive but beneficial to society and led by an invisible hand.

Age of Enlightenment

Smith went on to inspire our founding fathers, James Madison, and his own close friend Thomas Jefferson.

His notions were that, sympathy is a common or analogous feeling that an individual may have, with the affections or feelings of another person.He believed the reason that people felt the way they did was because of the emotions expressed along with the situation causing it.

The Wealth of Nations

Adam Smith

Was born June,5 1723, in Kirkaldy, Scotland. He was a Scottish moral professor,pioneer of the political economy, and a key figure in the Scottish Enlightenment.

Smith thought Free-market should be allowed to regulate business activity, and that manufacturing, wages, and growth of the economy was linked to market forces of supply and demand.

He supported the Laissez faire, believing it was the governments right to protect society, adminisitor justice, and provide public works.

The age of Enlightenment was a European intellectual movement, that happened during the late 17th century and 18th century.It emphasized reason and individualism rather then tradition.

After writing the theory of Moral Sentiments,he wrote The Wealth of Nations, {which was about the modern academic discipline of economics}. Smith believed how rational self-interest led to economic prosperity and he spread it into everything he wrote and did.

Before his death he became a customs commissoner. He wrote books on law,science and arts. But when he died he wanted everything he wrote that wasn't fit for publication destroyed. He inspired Britain's free-market economic system and policies,and even today he appears on the Bank of England Note.

"To feel as much as others and little for ourselves;to restrain our selfishness and exercise our benevolent affections,constitute the perfection of human nature." Adam Smith.

Adam Smith the Father of Modern Economics..

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