Biography
Overview
Adam Smith (1723-1790) was a Scottish philosopher and the father of modern economics. Educated at Glasgow and Oxford, he became a central figure of the Scottish Enlightenment. His first major work, *The Theory of Moral Sentiments* (1759), explored the role of sympathy in moral judgment. However, he is best known for *An Inquiry into the Nature and Causes of the Wealth of Nations* (1776).
In it, Smith analyzed how the division of labor multiplies productivity and how the 'invisible hand' of the market coordinates individual interests to promote the public good. While often cited as the champion of laissez-faire, Smith was deeply concerned with justice and the welfare of the poor, advocating for public education and warning against monopolies. His synthesis of ethics and economics created a framework that continues to define global trade and political economy.
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17231790
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- 1723Adam Smith was born in Kirkcaldy, Fife, Scotland, and baptised there on 5 June 1723 (Old Style); his exact birth date is unknown.
- 1740He studied at the University of Glasgow and, from 1740, at Balliol College, Oxford, under the Snell Exhibition.
- 1750In 1751 he became a professor at Glasgow, teaching logic and moral philosophy; he had met David Hume, a close friend, in 1750.
- 1759He published The Theory of Moral Sentiments in 1759, embodying some of his Glasgow lectures.
- 1764In 1764 he resigned his professorship to tutor the young Duke of Buccleuch in Europe, returning home to Kirkcaldy in 1766.
- 1776He published An Inquiry into the Nature and Causes of the Wealth of Nations in 1776; its first edition sold out in six months.
- 1778In 1778 he was appointed a commissioner of customs in Scotland and moved to Panmure House in the Canongate, Edinburgh.
- 1790He died at Panmure House in Edinburgh on 17 July 1790 after a painful illness.
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Wars during this life
- Fulani Jihad of Futa Jallon
- Carnatic Wars
- Nader Shah's Campaigns
- War of Jenkins' Ear
- War of the Austrian Succession
- American Revolutionary War
Sources
Primary works and follow-on reading.
Primary Sources
- The Theory of Moral Sentiments
- An Inquiry into the Nature and Causes of the Wealth of Nations
- Lectures on Jurisprudence
- Reference profile for Adam Smith
Further Reading
- Adam Smith: An Enlightened Life - Nicholas Phillipson
- The Worldly Philosophers - Robert L. Heilbroner
FAQ
Frequently asked questions about Adam Smith.
Who was Adam Smith?
Adam Smith (1723-1790) was a Scottish philosopher and the father of modern economics. Educated at Glasgow and Oxford, he became a central figure of the Scottish Enlightenment. His first major work, *The Theory of Moral Sentiments* (1759), explored the role of sympathy in moral judgment. However, he is best known for *An Inquiry into the Nature and Causes of the Wealth of Nations* (1776). In it, Smith analyzed how the division of labor multiplies productivity and how the 'invisible hand' of the market coordinates individual interests to promote the public good. While often cited as the champion of laissez-faire, Smith was deeply concerned with justice and the welfare of the poor, advocating for public education and warning against monopolies. His synthesis of ethics and economics created a framework that continues to define global trade and political economy.
What was Adam Smith best known for?
Adam Smith is best known as a philosopher. Scottish moral philosopher and economist who analyzed sympathy, division of labor, and market coordination.
When did Adam Smith live?
Adam Smith lived 1723-1790 CE, born in 1723 and died in 1790, during the early modern period.
Can I chat with an AI version of Adam Smith?
Yes, free. Anyone can ask Adam Smith, and a first question needs no account. Every answer is a Simulation in character, grounded in Adam Smith’s real life, work and era. A good first question is: "What did you mean by the invisible hand and how has that phrase been misunderstood?"
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- Institution Design: Aligning incentives and norms
- Productivity Strategy: Specialization and coordination
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“Adam Smith.” HistorIQly. https://historiqly.com/ai-historical-figures/adam-smith/
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