Adam Smith

Economist

Adam Smith was a Scottish economist and philosopher who was a pioneer of political economy and a key figure during the Scottish Enlightenment. He is best known for his two classic works: 'The Theory of Moral Sentiments' and 'An Inquiry into the Nature and Causes of the Wealth of Nations.' The latter, often abbreviated as 'The Wealth of Nations,' is considered his magnum opus and the first modern work of economics, introducing the concept of the 'invisible hand'. His ideas on free markets, division of labor, and self-interest have profoundly influenced modern economic theory and capitalism.

Jun 16, 1723 - Jul 17, 1790 Scottish 17 Quotes

Quotes by Adam Smith

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