All money is a matter of belief— Adam Smith
Adam Smith
1723 - 1790
Economist and Philosopher
Adam Smith was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment
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About Adam Smith
Adam Smith was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment
Notable Works
Adam Smith was a pioneering Scottish philosopher and economist who is universally recognized as the "Father of Modern Capitalism" and the founder of modern economics. He revolutionized the understanding of global markets with his landmark 1776 book, The Wealth of Nations, where he introduced the concept of the "invisible hand" to explain how individual self-interest naturally drives economic prosperity and efficiency. Smith championed foundational concepts like the division of labor, free trade, and free-market capitalism, while also authoring The Theory of Moral Sentiments, a seminal work exploring human empathy and morality that laid the philosophical groundwork for his economic theories.
