Adam Smith

Adam Smith was a well-known Scottish political economist and philosopher. He is most famous for his influential book “An Inquiry into the Nature and Causes of the Wealth of Nations”. Living an interesting life, publishing two remarkable books and having influential perspectives on economy then and now, Adam Smith is perhaps the procreator of economic thought.
Biography
Smith was born in a small village in Kirkcaldy, Fife, Scotland in 1723 with the exact date being unknown. However, he was baptized on June 5, 1723. His father, also named Adam, died about six months before his birth. Smith was raised by his mother and was the only child in the household.
Smith’s mother devoted herself to him from the very beginning. He was in fragile health as a baby, needing his mother’s comfort. She also encouraged his education at an early age. As a result, others looked at her as spoiling him.
When Smith was about three years old, he and his mother went to Strathenry to visit...