Adam Smith (16 June [O.S. 5 June] 1723 – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism''. Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage.

Property Value
dbo:abstract
  • Adam Smith (16 June [O.S. 5 June] 1723 – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism''. Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage. Smith studied social philosophy at the University of Glasgow and at Balliol College, Oxford, where he was one of the first students to benefit from scholarships set up by fellow Scot John Snell. After graduating, he delivered a successful series of public lectures at the University of Edinburgh, leading him to collaborate with David Hume during the Scottish Enlightenment. Smith obtained a professorship at Glasgow, teaching moral philosophy and during this time, wrote and published The Theory of Moral Sentiments. In his later life, he took a tutoring position that allowed him to travel throughout Europe, where he met other intellectual leaders of his day. Smith laid the foundations of classical free market economic theory. The Wealth of Nations was a precursor to the modern academic discipline of economics. In this and other works, he developed the concept of division of labour and expounded upon how rational self-interest and competition can lead to economic prosperity. Smith was controversial in his own day and his general approach and writing style were often satirised by writers such as Horace Walpole. (en)
dbo:birthDate
  • 1723-06-05 (xsd:date)
dbo:birthPlace
dbo:birthYear
  • 1723-01-01 (xsd:date)
dbo:deathDate
  • 1790-07-17 (xsd:date)
dbo:deathPlace
dbo:deathYear
  • 1790-01-01 (xsd:date)
dbo:influenced
dbo:influencedBy
dbo:mainInterest
dbo:notableIdea
dbo:philosophicalSchool
dbo:region
dbo:thumbnail
dbo:wikiPageEditLink
dbo:wikiPageExternalLink
dbo:wikiPageExtracted
  • 2019-12-09 11:58:57Z (xsd:date)
dbo:wikiPageHistoryLink
dbo:wikiPageID
  • 1814 (xsd:integer)
dbo:wikiPageLength
  • 95866 (xsd:integer)
dbo:wikiPageModified
  • 2019-12-09 11:58:45Z (xsd:date)
dbo:wikiPageOutDegree
  • 323 (xsd:integer)
dbo:wikiPageRevisionID
  • 929973469 (xsd:integer)
dbo:wikiPageRevisionLink
dbp:wikiPageUsesTemplate
dbp:wordnet_type
dct:subject
rdf:type
rdfs:comment
  • Adam Smith (16 June [O.S. 5 June] 1723 – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism''. Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage. (en)
rdfs:label
  • Adam Smith (en)
owl:sameAs
foaf:depiction
foaf:gender
  • male (en)
foaf:isPrimaryTopicOf
foaf:name
  • Adam Smith (en)
is dbo:academicDiscipline of
is dbo:author of
is dbo:influenced of
is dbo:influencedBy of
is dbo:mainInterest of
is dbo:nonFictionSubject of
is dbo:relation of
is dbo:wikiPageDisambiguates of
is dbo:wikiPageRedirects of
is dbp:influenced of
is dbp:influences of
is dbp:reverseDesign of
is foaf:primaryTopic of