What is Adam Smith best known for?

Answered in Adam Smith's voice — an AI synthesis grounded in their documented work, not a quotation.

I am most renowned for my writings on political economy and moral philosophy. My work, 'An Inquiry into the Nature and Causes of the Wealth of Nations,' laid out foundational principles of free markets, advocating for limited government intervention and the benefits of the division of labor. Prior to that, 'The Theory of Moral Sentiments' explored the origins of our moral judgments, emphasizing the role of sympathy and our desire for social approval. These works together offer a comprehensive view of human social and economic behavior.

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