BIOGRAPHY OF ADAM SMITH "Bankruptcy is perhaps the greatest and most humiliating calamity which can befall an innocent man. The greater part of men, therefore, are sufficiently careful to avoid it. Some, indeed, do not avoid it; as some do not avoid the gallows." Adam Smith. Adam Smith was a Scottish political economist and philosopher. The exact date of his birth is unknown, but he was baptized at Kirkcaldy on June 5, 1723. His father died six …
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…and went to live with his mother in Edinburgh. He died there on July 17, 1790, after a painful illness. He devoted a considerable part of his income to numerous secret acts of charity. BIBLIOGRAPHY Muller, Jerry Z. Adam Smith. In His Time and Ours. Designing the Decent Society. Princeton, New Jersey: Princeton University Press, 1993. Ross, Ian Simpson. The Life of Adam Smith. Oxford: Clarendon Press, 1995. West, E.G. Adam Smith. New Rochelle, New York: Arlington House, 1969.