After two centuries, Adam Smith remains a genus in the history of economic thought. Smith is known primarily for a single work, The Wealth of Nations, the first proposed system of a political economy. Smith is properly regarded as a social philosopher. His life and The Wealth of Nations is not just a part of economics but a facilitator of historical evolution.Unfortunately, much more is known about Smith's ideas than his life. Though the …
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showed last 75 words of 1375 total
…all social scientists, and in particular economists. The Wealth of Nations projects an optimistic but never a loving image of society. Smith is the very essence of the Enlightenment: hopeful but realistic, speculative but practical, always respectful of the classical past but ultimately dedicated to the great discovery of his age - progress. BIBLIOGRAPHY: John Rae. "Life of Adam Smith" 1985 William Scott. "Adam Smith as Student and Professor" 1987 Andrew S. Skinner. "Essays on Adam Smith" 1988