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Adam Smith

1723–1790

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Adam Smith (1723–1790) was a Scottish moral philosopher and political economist, widely regarded as the father of modern economics. He is best known for his works 'The Theory of Moral Sentiments' (1759) and 'An Inquiry into the Nature and Causes of the Wealth of Nations' (1776). His ideas on free markets, the division of labor, and the 'invisible hand' fundamentally shaped classical economic thought.

economicsfree marketsmoral philosophy

WORKS

The Theory of Moral Sentiments
An Inquiry into the Nature and Causes of the Wealth of Nations
Essays on Philosophical Subjects
Lectures on Jurisprudence

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