Topics: Adam Smith, Economics, Capitalism Pages: 38 (10816 words) Published: July 5, 2014

Opening July 3 at New Century Theatre: in acclaimed writer Sarah Treem’s The How and the Why, a meeting between two women evolves into an intellectual, professional and personal showdown.
New in Insight: What happens when you “interview” a group of testate amoebae after they’ve been filmed in a Smith professor’s lab? It turns out that they’re prepared to reveal quite a bit about themselves.

Smith has been awarded a three-year grant for a pilot teaching program aimed at increasing the number of women and underrepresented minorities who succeed in science and technology fields.
First–year students are reading Whistling Vivaldi: How Stereotypes Affect Us and What We Can Do, by social psychologist Claude Steele, as part of the college’s summer reading program. Adam Smith
From Wikipedia, the free encyclopedia
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For other people named Adam Smith, see Adam Smith (disambiguation). Adam Smith
A sketch of a Adam Smith facing to the right
Born5 June 1723 OS
Kirkcaldy, Fife, Scotland
Died17 July 1790 (aged 67)
Edinburgh, Scotland
NationalityBritish (Scottish)
Notable work(s)The Wealth of Nations
RegionWestern philosophy
SchoolClassical economics
Main interestsPolitical philosophy, ethics, economics
Notable ideasClassical economics,
modern free market,
division of labour,
the "invisible hand"
Adam Smith (5 June 1723 OS (16 June 1723 NS) – 17 July 1790) was a Scottish moral philosopher and a pioneer of political economy. One of the key figures of the Scottish Enlightenment,[1] Smith is best known for two classic works: The Theory of Moral Sentiments (1759), and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. Smith is cited as the "father of modern economics" and is still among the most influential thinkers in the field of economics today.[2]

Smith studied social philosophy at the University of Glasgow and at Balliol College, Oxford, where he was one of the first students to benefit from scholarships set up by fellow Scot, John Snell. After graduating, he delivered a successful series of public lectures at the University of Edinburgh, leading him to collaborate with David Hume during the Scottish Enlightenment. Smith obtained a professorship at Glasgow teaching moral philosophy, and during this time he wrote and published The Theory of Moral Sentiments. In his later life, he took a tutoring position that allowed him to travel throughout Europe, where he met other intellectual leaders of his day. Smith laid the foundations of classical free market economic theory. The Wealth of Nations was a precursor to the modern academic discipline of economics. In this and other works, he expounded upon how rational self-interest and competition can lead to economic prosperity. Smith was controversial in his own day and his general approach and writing style were often satirized by Tory writers in the moralizing tradition of William Hogarth and Jonathan Swift. In 2005, The Wealth of Nations was named among the 100 Best Scottish Books of all time.[3] Former UK Prime Minister Margaret Thatcher, it is said, used to carry a copy of the book in her handbag.[4]

Contents [hide]
1 Biography
1.1 Early life
1.2 Formal education
1.3 Teaching career
1.4 Tutoring and travels
1.5 Later years
2 Personality and beliefs
2.1 Character
2.2 Religious views
3 Published works
3.1 The Theory of Moral Sentiments
3.2 The Wealth of Nations
3.3 Criticism and dissent
3.4 Other works
4 Legacy
4.1 In economics and moral philosophy
4.2 Portraits, monuments, and banknotes
4.3 Residence
4.4 As a symbol of free market economics
5 See also
6 Footnotes
7 Notes
8 References...
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