“ADAM SMITH” Biography

“Adam Smith” was an Economist and Philosopher. He was born in Kirkcaldy, Fife, Scotland, on 15 June, 1723. His father’s name was Adam Smith and Mother’s name was Margaret Douglas. His father was a lawyer which mother had a great influence on this education.

He went to Burgh School of Kirkcaldy where he learnt writing, mathematics and history he later studied philosophy from University of Glasgow when he turned 14. He also attended Balliol college at Oxford to study European literature. Soon after Smith finished graduation a series of public lectures delivered by at Edinburgh led him to collaborate with clause about 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 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 1752. Smith spent the next thirteen years as an academic which he recalled as his best years. In 1763, Smith resigned from his professorship to tutor Henry Scott’s step son. Henry Scott was introduced to Smith through David Hume. He was elected a 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 in next year and it become an instant success in 1788 Smith returned to France where was Mother was living and he was appointed as commissioner of customs between 1787 and 1789 he was given the position of Lord Rector of University of Glass gow. During Smith professorship at Glassgow in 1759, he wrote and published one of his classic 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” the book came to be known as the first modern work of Economics. He died in Edinburg Scotland on 17 July 1790, at the age of 67.”ALL MONEY IS A MATTER OF BELIEF”.