ADAM SMITH

By: Josh Willis and AJ Berrell

Adam Smith

• Is one of the worlds most famous economist

• Is the father of all modern economics

Quote

“If this freedom is given, prices and wages will automatically reach optimal levels

Information

• Most of his theories are still used today and most came from the book written by Smith himself, The Wealth of Nations

Adam Smith

• Thought that each person should be free to pursue there ambitions.

School

• Smith entered the University of Glasgow when he was fourteen and studied moral philosophy under Francis Hutcheson.

More School

• In 1740, Smith was awarded the Snell exhibition and left the University of Glasgow to attend Oxford College.

Teaching

• Smith published The Theory of Moral Sentiments in 1759, embodying some of his Glasgow lectures.