Adam Smith The Founder of Modern Economics

Adam Smith: The Founder of Modern Economics Adam Smith was born in 1723 in Kirkcaldy, Fife, Scotland, fatherless. The exact date of his birth is unknown. Smith was baptized June 5, 1723. At the age of fifteen, he began his schooling at Glasgow and Oxford. In 1751, after he finished school, he was offered a job at Glasgow University where he became the new Professor of Logic. There he lectured on ethics, rhetoric, jurisprudence and the political economy. Just …

…involvement. Smith was a great thinker who had many ideas that he wasn’t able to express because of his death. It is rumored that there were more transcripts that were burned in a fire before his death. If he had lived longer, there might have been even more influential work published. The Wealth of Nations was the first and remains the most important book on the subject of political economy until this present day.