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On June 16, 1723, Adam Smith, Scottish economist (Wealth of Nations) and moral philosopher, was born.
Adam Smith - Wikipedia
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Adam Smith was no uncritical apologist for capitalism: he wanted to understand how capitalism could be both fruitful and good. If you like our films take a l...
Thank you my friend SGT (Join to see) for making us aware that June 16 is the anniversary of the birth of Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment era Adam Smith FRSA.
Born: June 16, 1723, Kirkcaldy, Scotland [now United Kingdom]
Died: July 17, 1790, Edinburgh, Scotland [now United Kingdom]
He has the distinction that minor planet 12838 Adamsmith was named in his memory.
Background from competitionandappropriation.com/history-of-economic-thought/adam-smith-1723-1790/
"Adam Smith (1723-1790)
Adam Smith FRSA (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish moral philosopher, pioneer of political economy, and a key figure in the Scottish Enlightenment. He 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 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 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 developed the concept of division of labour, and 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 satirised by Tory writers in the moralising tradition of William Hogarth and Jonathan Swift. In 2005, The Wealth of Nations was named among the 100 Best Scottish Books of all time.
READINGS
(∗ indicates especially relevant reading.)
I. The Founding Statement
*Smith, A., Theory of Moral Sentiments, 1759, (Prometheus Books, 2000).
*Smith, A. Wealth of Nations, 1776, (Modern Library, ed. E. Cannan. (1937)) Schumpeter, J., History of Economic Analysis, Oxford University Press, 1954,
141–194.
Viner, J., “Adam Smith and Laissez-faire,” Journal of Political Economy, 1927, 35,
198-232.
Rosenberg, N. “The Institutional Aspects of the Wealth of Nations”, Journal of
Political Economy, 1960, 68, 557–570.
Hayek, F., “Dr. Bernard Mandeville” and “Adam Smith’s Message in Today’s
Language,” in New Studies in Philosophy, Politics, …, Chicago, 1978.
Fleischacker, S., On Adam Smith’s Wealth of Nations, Princeton University Press,
2004.
Phillipson, N., Adam Smith: An Englightened Life, Yale University Press, 2010.
The minor planet 12838 Adamsmith was named in his memory."
POLITICAL THEORY - Adam Smith
Adam Smith was no uncritical apologist for capitalism: he wanted to understand how capitalism could be both fruitful and good.
https://www.youtube.com/watch?v=ejJRhn53X2M
FYI CPT Don KempCPT (Join to see) 1stSgt Eugene Harless MSgt Ken "Airsoldier" Collins-HardySSG Jon Hill SPC Douglas Bolton Debbie Pomeroy Cloud Kathlean KeeslerSGT Tim Fridley (Join to see) Michael Horne SSG David Andrews Sgt John H. SGT Mark Halmrast CW5 Jack Cardwell Cynthia Croft
Born: June 16, 1723, Kirkcaldy, Scotland [now United Kingdom]
Died: July 17, 1790, Edinburgh, Scotland [now United Kingdom]
He has the distinction that minor planet 12838 Adamsmith was named in his memory.
Background from competitionandappropriation.com/history-of-economic-thought/adam-smith-1723-1790/
"Adam Smith (1723-1790)
Adam Smith FRSA (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish moral philosopher, pioneer of political economy, and a key figure in the Scottish Enlightenment. He 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 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 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 developed the concept of division of labour, and 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 satirised by Tory writers in the moralising tradition of William Hogarth and Jonathan Swift. In 2005, The Wealth of Nations was named among the 100 Best Scottish Books of all time.
READINGS
(∗ indicates especially relevant reading.)
I. The Founding Statement
*Smith, A., Theory of Moral Sentiments, 1759, (Prometheus Books, 2000).
*Smith, A. Wealth of Nations, 1776, (Modern Library, ed. E. Cannan. (1937)) Schumpeter, J., History of Economic Analysis, Oxford University Press, 1954,
141–194.
Viner, J., “Adam Smith and Laissez-faire,” Journal of Political Economy, 1927, 35,
198-232.
Rosenberg, N. “The Institutional Aspects of the Wealth of Nations”, Journal of
Political Economy, 1960, 68, 557–570.
Hayek, F., “Dr. Bernard Mandeville” and “Adam Smith’s Message in Today’s
Language,” in New Studies in Philosophy, Politics, …, Chicago, 1978.
Fleischacker, S., On Adam Smith’s Wealth of Nations, Princeton University Press,
2004.
Phillipson, N., Adam Smith: An Englightened Life, Yale University Press, 2010.
The minor planet 12838 Adamsmith was named in his memory."
POLITICAL THEORY - Adam Smith
Adam Smith was no uncritical apologist for capitalism: he wanted to understand how capitalism could be both fruitful and good.
https://www.youtube.com/watch?v=ejJRhn53X2M
FYI CPT Don KempCPT (Join to see) 1stSgt Eugene Harless MSgt Ken "Airsoldier" Collins-HardySSG Jon Hill SPC Douglas Bolton Debbie Pomeroy Cloud Kathlean KeeslerSGT Tim Fridley (Join to see) Michael Horne SSG David Andrews Sgt John H. SGT Mark Halmrast CW5 Jack Cardwell Cynthia Croft
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