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    Adam Smith

    Adam Smith is a renowned economist, author, and philosopher, widely regarded as the father of modern economics.

    Smith was born on June 16, 1723, in Kirkcaldy, Fife, Scotland, and passed away on July 17, 1790, in Edinburgh, Scotland.

    He is best known for his pioneering work 'The Wealth of Nations,' published in 1776, which laid the foundation for classical economics.

    Smith's ideas on free markets, the invisible hand, and division of labor have had a profound impact on economic theory and policy.

    He emphasized the importance of self-interest and competition as drivers of economic prosperity and argued for limited government intervention in the economy.

    In addition to his contributions to economics, Smith also made significant contributions to moral philosophy, with works such as 'The Theory of Moral Sentiments.'

    His belief in the harmony of self-interest and the common good laid the groundwork for classical liberalism and the concept of the 'invisible hand' guiding economic affairs.

    Adam Smith's legacy continues to influence economists, policymakers, and scholars to this day, shaping our understanding of market economies and individual behavior.

    Highlights

    Aug 9 · biography.com
    Adam Smith: Biography, Scottish Philosopher, Economist
    Adam Smith: Biography, Scottish Philosopher, Economist
    Sep 30 · thedecisionlab.com
    Adam Smith - The Decision Lab
    Sep 10 · en.wikipedia.org
    Adam Smith
    Adam Smith

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    Adam Smith
    Adam Smith, photo 1
    Adam Smith, photo 2
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