Adam Smith
Adam Smith [1]
Political economist, born in Kirkcaldy, Fife; studied at Glasgow and Oxford, went to Edinburgh and became acquainted with David Hume and his confrères; was appointed to the chair of Logic in Glasgow in 1751, and the year after of Moral Philosophy; produced in 1759 his "Theory of Moral Sentiments," visited Paris with the young Duke of Buccleuch, got acquainted with Quesnay, D'Alembert, and Necker, and returning in 1766, settled in his native place under a pension from the Duke of Buccleuch, where in 1776 he produced his "Inquiry into the Nature and Causes of the Wealth of Nations," a work to which he devoted 10 years of his life, and which has had a world-wide influence, and that has rendered his name world-famous; in 1778 he settled in Edinburgh as Commissioner of Customs for Scotland, and in 1787 was elected Lord Rector of Glasgow University (1723-1790).
