The Biography Of Adam Smith - 1505 Words

The Biography of Adam Smith Adam Smith was born in Kirkcaldy, Scotland in the year 1923, and died in the year 1790 at the age of 67 (Stewart, 1861). His exact date of birth is unknown but was baptized on 5th June 1723. His father was a prosecutor, advocate, and solicitor but passed on two months after his birth, leaving his mother to bring him up. His mother, Margaret Douglas, played a great role in his upbringing, especially in education. He joined the Burgh school where he learned history, writing, Latin and mathematics. He went to the University of Glasgow at the age of 14 where he studied moral philosophy; he also established his passion for reason, free speech and liberty (Stewart, 1861). In 1740, he entered Balliol College, Oxford where he undertook his postgraduate studies and became the first student to gain from the scholarship of John Snell. Conversely, his studies at Balliol College, Oxford did not contribute a lot towards his lifework as compared to his studies at Glasgow University (Stewart, 1861). His professional life began in 1748 when he began giving lectures in Edinburgh with the approval of Lord Kames. He met with David Hume in 1750 who remained one of his closest friends and source of influence in his professional life. Doors opened for him and in 1751, he was appointed as the professor of logic at Glasgow University and reassigned to the chair of moral philosophy in 1752. At this time, his lectures included the field of political economy, rhetoric,Show MoreRelatedEssay about Biography of Adam Smith3516 Words   |  15 PagesBiography of Adam Smith Smith was one of those 18th century Scottish moral philosophers whose impulses led to our modern day theories; his work marks the breakthrough of an evolutionary approach which has progressively displaced the stationary Aristotelian view Invisible Hand:-  § Every individual necessarily labors to render the annual revenue of the society as great as he can. He generally indeed neither intends to promote the public interest, nor knows how much he is promoting it. He intendsRead MoreThe Invisible Hand By Adam Smith923 Words   |  4 Pagesperson. Obvious that is Adam Smith. Even though, after ten years or thousand years the economists will recall Adam Smith. Moreover, if you visit United Kingdom you can recognize Adam Smith face in the 50 and 20 pounds. ‘Man is an animal that makes bargains†- Adam Smith (Brainy Quote, (n.d)). That is underling the people’s instinct when they make a deal. â€Å"A person, who received his education through hard work, is like an expensive Car’- Adam Smith (Brainy Quote, (n.d)). Adam Smith encouraged people toRead MoreEssay about Equality Is the Center of Society703 Words   |  3 PagesIndependence. Abigail Adams, wife of America’s second president John Adams, often wr ote to her husband asking him to consider elevating women’s status so that they were equal to men (First Lady Biography: Abigail Adams). 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Although Abigail Adams was filled with these hopes, she always found ways to be involved in political issues, not only because she was John Adams wife, but she also aspired that one dayRead MoreEconomic View of Adam Smith1193 Words   |  5 Pagesessay I will be defending Adam Smith and his view on the economy and how the government should not be involved in the market place. I will be using evidence John Stossel gives us through the video we watched. Before then I will give you a brief biography on Adam Smith. Adam Smith was born in 1723 in Scotland. Smith, a philosopher and economist who wrote the book â€Å"causes of the wealth of nations† written in 1776 which was one of the first books on political economy. 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Throughout her life she had many long lasting accomplishments and was a leader in her household and for women. She helped make the Americas what they are today and helped give rights to woman. Abigail Adams was an important figure because