Adam Smith - Revision history

Ledlecreeper27 at 14:27, 3 September 2023

2023-09-03T14:27:37Z

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	== References ==		== References ==
	<references />		<references />
	~~[[Category:Economists]]~~
	[[Category:British political economists]]		[[Category:British political economists]]
	[[Category:~~Philosophers~~]]		[[Category:Classical economists]]
			[[Category:Enlightenment philosophers]]
			{{DEFAULTSORT:Smith, Adam}}

Ledlecreeper27: /* Economic views */

2023-08-08T15:45:10Z

Economic views

← Older revision		Revision as of 15:45, 8 August 2023
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	== Economic views ==		== Economic views ==
	Smith divided society into three [[Social class\|classes]]: [[Proletariat\|workers]], [[Bourgeoisie\|capitalists]], and [[Landlord\|landowners]]. Unlike [[François Quesnay\|Quesnay]], he believed value derived from all [[labour]], not just [[Agriculture\|agricultural]] labour. However, he only upheld the labour theory of value for small-scale production and thought that the values of capitalist [[Commodity\|commodities]] were made of [[Wage\|wages]], [[Profit\|profits]], and [[Rent\|rents]]. Smith supported free [[competition]] over [[mercantilism]].<ref name=":0" />		Smith divided society into three [[Social class\|classes]]: [[Proletariat\|workers]], [[Bourgeoisie\|capitalists]], and [[Landlord\|landowners]]. Unlike [[François Quesnay\|Quesnay]], he believed value derived from all [[labour]], not just [[Agriculture\|agricultural]] labour. However, he only upheld the labour theory of value for small-scale production and thought that the values of capitalist [[Commodity\|commodities]] were made of [[Wage\|wages]], [[Profit\|profits]], and [[Rent\|rents]]. Smith supported free [[competition]] over [[mercantilism]].<ref name=":0" /> He predicted that workers with the most difficult jobs would get the highest wages when the opposite was actually true.<ref>{{Web citation\|author=[[Prabhat Patnaik]]\|newspaper=[[Peoples Democracy]]\|title=The Problem with “Universal Basic Income”\|date=2023-08-06\|url=https://peoplesdemocracy.in/2023/0806_pd/problem-%E2%80%9Cuniversal-basic-income%E2%80%9D\|retrieved=2023-08-08}}</ref>

	== Political views ==		== Political views ==

Literallywho Ingodsname at 02:07, 9 June 2023

2023-06-09T02:07:38Z

← Older revision		Revision as of 02:07, 9 June 2023
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	{{Infobox person\|name=Adam Smith\|birth_date=16 June 1723\|birth_place=Kirkcaldy, [[Scotland]], [[Kingdom of Great Britain]]\|death_date=17 July 1790\|death_place=Edinburgh, Scotland, Kingdom of Great Britain\|field=[[Political economy]]\|nationality=Scottish\|image=Adam Smith.png\|image_size=200}}		{{Infobox person\|name=Adam Smith\|birth_date=16 June 1723\|birth_place=Kirkcaldy, [[Scotland]], [[Kingdom of Great Britain]]\|death_date=17 July 1790 (aged 67)\|death_place=Edinburgh, Scotland, Kingdom of Great Britain\|field=[[Political economy]]\|nationality=Scottish\|image=Adam Smith.png\|image_size=200}}

	'''Adam Smith''' {{Datebio\|birthyear=1723\|deathyear=1790\|birthmonth=June\|deathmonth=July\|birthday=16\|deathday=17}} was a Scottish philosopher and political economist who is best known as the author of ''An Inquiry into the Nature and Causes of the Wealth Of Nations'' (1776), one of the most influential books ever written. Smith created a scientific analysis of [[capitalism]] based on the [[Labor theory of value\|labour theory of value]]. However, his work contained some errors such as neglecting [[constant capital]] and a lack of [[historical materialism]].<ref name=":0">{{Citation\|year=1954\|title=Political Economy\|chapter=Economic Doctrines of the Capitalist Epoch\|chapter-url=https://www.marxists.org/subject/economy/authors/pe/pe-ch22.htm\|section=Bourgeois Classical Political Economy\|mia=https://www.marxists.org/subject/economy/authors/pe/index.htm}}</ref>		'''Adam Smith''' {{Datebio\|birthyear=1723\|deathyear=1790\|birthmonth=June\|deathmonth=July\|birthday=16\|deathday=17}} was a Scottish philosopher and political economist who is best known as the author of ''An Inquiry into the Nature and Causes of the Wealth Of Nations'' (1776), one of the most influential books ever written. Smith created a scientific analysis of [[capitalism]] based on the [[Labor theory of value\|labour theory of value]]. However, his work contained some errors such as neglecting [[constant capital]] and a lack of [[historical materialism]].<ref name=":0">{{Citation\|year=1954\|title=Political Economy\|chapter=Economic Doctrines of the Capitalist Epoch\|chapter-url=https://www.marxists.org/subject/economy/authors/pe/pe-ch22.htm\|section=Bourgeois Classical Political Economy\|mia=https://www.marxists.org/subject/economy/authors/pe/index.htm}}</ref>

Ledlecreeper27: Slavery

2023-04-23T23:17:40Z

Slavery

← Older revision		Revision as of 23:17, 23 April 2023
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	{{Infobox person\|name=Adam Smith\|birth_date=16 June 1723\|birth_place=Kirkcaldy, [[Scotland]], [[Kingdom of Great Britain]]\|death_date=17 July 1790\|death_place=Edinburgh, Scotland, Kingdom of Great Britain\|field=[[Political economy]]\|nationality=Scottish\|image=Adam Smith.png\|image_size=200}}		{{Infobox person\|name=Adam Smith\|birth_date=16 June 1723\|birth_place=Kirkcaldy, [[Scotland]], [[Kingdom of Great Britain]]\|death_date=17 July 1790\|death_place=Edinburgh, Scotland, Kingdom of Great Britain\|field=[[Political economy]]\|nationality=Scottish\|image=Adam Smith.png\|image_size=200}}

	'''Adam Smith''' {{Datebio\|birthyear=1723\|deathyear=1790\|birthmonth=June\|deathmonth=July\|birthday=16\|deathday=17}} was a Scottish philosopher and political economist who is best known as the author of ''An Inquiry into the Nature and Causes of the Wealth Of Nations'' (1776), one of the most influential books ever written. Smith created a scientific analysis of [[capitalism]] based on the [[Labor theory of value\|labour theory of value]]. However, his work contained some errors such as neglecting [[constant capital]].<ref name=":0">{{Citation\|year=1954\|title=Political Economy\|chapter=Economic Doctrines of the Capitalist Epoch\|chapter-url=https://www.marxists.org/subject/economy/authors/pe/pe-ch22.htm\|section=Bourgeois Classical Political Economy\|mia=https://www.marxists.org/subject/economy/authors/pe/index.htm}}</ref>		'''Adam Smith''' {{Datebio\|birthyear=1723\|deathyear=1790\|birthmonth=June\|deathmonth=July\|birthday=16\|deathday=17}} was a Scottish philosopher and political economist who is best known as the author of ''An Inquiry into the Nature and Causes of the Wealth Of Nations'' (1776), one of the most influential books ever written. Smith created a scientific analysis of [[capitalism]] based on the [[Labor theory of value\|labour theory of value]]. However, his work contained some errors such as neglecting [[constant capital]] and a lack of [[historical materialism]].<ref name=":0">{{Citation\|year=1954\|title=Political Economy\|chapter=Economic Doctrines of the Capitalist Epoch\|chapter-url=https://www.marxists.org/subject/economy/authors/pe/pe-ch22.htm\|section=Bourgeois Classical Political Economy\|mia=https://www.marxists.org/subject/economy/authors/pe/index.htm}}</ref>

	== Early life ==		== Early life ==
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	== Economic views ==		== Economic views ==
	Smith divided society into three [[Social class\|classes]]: [[Proletariat\|workers]], [[Bourgeoisie\|capitalists]], and [[Landlord\|landowners]]. Unlike [[François Quesnay\|Quesnay]], he believed value derived from all [[labour]], not just [[Agriculture\|agricultural]] labour. However, he only upheld the labour theory of value for small-scale production and thought that the values of capitalist [[Commodity\|commodities]] were made of [[Wage\|wages]], [[Profit\|profits]], and [[Rent\|rents]]. Smith supported free [[competition]] over [[mercantilism]].<ref name=":0" />		Smith divided society into three [[Social class\|classes]]: [[Proletariat\|workers]], [[Bourgeoisie\|capitalists]], and [[Landlord\|landowners]]. Unlike [[François Quesnay\|Quesnay]], he believed value derived from all [[labour]], not just [[Agriculture\|agricultural]] labour. However, he only upheld the labour theory of value for small-scale production and thought that the values of capitalist [[Commodity\|commodities]] were made of [[Wage\|wages]], [[Profit\|profits]], and [[Rent\|rents]]. Smith supported free [[competition]] over [[mercantilism]].<ref name=":0" />

			== Political views ==
			Smith believed that a [[Monarchy\|despotic government]] could abolish [[slavery]] more easily than a [[Bourgeois democracy\|representative government]] controlled by slave owners.<ref>{{Citation\|author=[[Domenico Losurdo]]\|year=2011\|title=Liberalism: A Counter-History\|chapter=What Is Liberalism?\|page=6\|publisher=Verso\|isbn=9781844676934\|lg=https://libgen.rs/book/index.php?md5=5BB3406BC2E64972831A1C00D5D4BFE4\|pdf=https://cloudflare-ipfs.com/ipfs/bafykbzacebhsj2yxuoudkhkjp6lzgr5jvgyhu76zxe4gw3d65gpg32a6nded4?filename=Domenico%20Losurdo%2C%20Gregory%20Elliott%20-%20Liberalism_%20A%20Counter-History-Verso%20%282011%29.pdf}}</ref>

	== Works ==		== Works ==

Ledlecreeper27: Economic views

2023-04-22T13:02:05Z

Economic views

← Older revision		Revision as of 13:02, 22 April 2023
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	~~Adam Smith~~ {{~~Datebio~~\|~~birthyear~~=~~1723~~\|~~deathyear~~=~~1790~~\|~~birthmonth~~=~~June~~\|~~deathmonth~~=July\|~~birthday~~=~5\|~~deathday~~=~~17}} was a Scottish philosopher and economist who is best known as the author of ''~~[[~~An Inquiry into the Nature and Causes of the Wealth Of Nations~~]]~~'' (1776), one of the most influential books ever written~~.		{{Infobox person\|name=Adam Smith\|birth_date=16 June 1723\|birth_place=Kirkcaldy, [[Scotland]], [[Kingdom of Great Britain]]\|death_date=17 July 1790\|death_place=Edinburgh, Scotland, Kingdom of Great Britain\|field=[[Political economy]]\|nationality=Scottish\|image=Adam Smith.png\|image_size=200}}

	== ~~Life~~ ==		'''Adam Smith''' {{Datebio\|birthyear=1723\|deathyear=1790\|birthmonth=June\|deathmonth=July\|birthday=16\|deathday=17}} was a Scottish philosopher and political economist who is best known as the author of ''An Inquiry into the Nature and Causes of the Wealth Of Nations'' (1776), one of the most influential books ever written. Smith created a scientific analysis of [[capitalism]] based on the [[Labor theory of value\|labour theory of value]]. However, his work contained some errors such as neglecting [[constant capital]].<ref name=":0">{{Citation\|year=1954\|title=Political Economy\|chapter=Economic Doctrines of the Capitalist Epoch\|chapter-url=https://www.marxists.org/subject/economy/authors/pe/pe-ch22.htm\|section=Bourgeois Classical Political Economy\|mia=https://www.marxists.org/subject/economy/authors/pe/index.htm}}</ref>

			== Early life ==
	Smith was born in Kirkcaldy, in Fife, Scotland, in 1723, in the family of a postal worker. Smith's father died two months before he was born.		Smith was born in Kirkcaldy, in Fife, Scotland, in 1723, in the family of a postal worker. Smith's father died two months before he was born.

	He graduated from secondary and high school, was one of the most educated people of his time. Smith entered the University of Glasgow when he was 14 and studied moral philosophy. In 1740, he was the graduate scholar presented to undertake postgraduate studies at Balliol College, Oxford, under the Snell Exhibition. His time at Oxford was not a happy one, according to his letters. Near the end of his time there, he began suffering from shaking fits, probably the symptoms of a nervous breakdown. He left Oxford University in 1746, before his scholarship ended.		He graduated from secondary and high school, was one of the most educated people of his time. Smith entered the University of Glasgow when he was 14 and studied moral philosophy. In 1740, he was the graduate scholar presented to undertake postgraduate studies at Balliol College, Oxford, under the Snell Exhibition. His time at Oxford was not a happy one, according to his letters. Near the end of his time there, he began suffering from shaking fits, probably the symptoms of a nervous breakdown. He left Oxford University in 1746, before his scholarship ended.

			== Work ==
	Smith began delivering public lectures in 1748 at the University of Edinburgh. In 1750, Smith met the philosopher [[David Hume]], who was his senior by more than a decade. In 1751, Smith earned a professorship at Glasgow University teaching logic courses. When the head of Moral Philosophy in Glasgow died the next year, Smith took over the position.		Smith began delivering public lectures in 1748 at the University of Edinburgh. In 1750, Smith met the philosopher [[David Hume]], who was his senior by more than a decade. In 1751, Smith earned a professorship at Glasgow University teaching logic courses. When the head of Moral Philosophy in Glasgow died the next year, Smith took over the position.

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	''The Wealth of Nations'' was published in 1776 and was an instant success, selling out its first edition in only six months.		''The Wealth of Nations'' was published in 1776 and was an instant success, selling out its first edition in only six months.

	Smith's economics theory reflected historical conditions of English ~~capitalism~~ development in the 18th century. K. Marx characterized Smith as "a generalizing economist of the manufactural period". The influence of the manufactural period was reflected in the fact that Smith attributed the decisive role in the development of productive forces to the manufactural division of labor, considering the manufactory as a typical form of enterprise. Smith acted as an ideologist of the bourgeoisie in the period when it played a progressive role. ~~V. I.~~ Lenin characterized Smith as "a great ideologist of the advanced bourgeoisie". Smith was not a conscious defender of the bourgeoisie, but objectively, regardless of his subjective sympathies, he defended provisions corresponding to the requirements and interests of the development of the productive forces of capitalist society.		Smith's economics theory reflected historical conditions of English capitalist development in the 18th century. [[Karl Marx]] characterized Smith as "a generalizing economist of the manufactural period". The influence of the manufactural period was reflected in the fact that Smith attributed the decisive role in the development of [[productive forces]] to the manufactural division of labor, considering the manufactory as a typical form of enterprise. Smith acted as an ideologist of the [[bourgeoisie]] in the period when it played a progressive role. [[Vladimir Lenin\|Lenin]] characterized Smith as "a great ideologist of the advanced bourgeoisie". Smith was not a conscious defender of the bourgeoisie, but objectively, regardless of his subjective sympathies, he defended provisions corresponding to the requirements and interests of the development of the productive forces of capitalist society.

	The starting point of the economics theory is the position on the "natural order". Under the "natural order" he understood the "normal" social order, corresponding to human nature and subject to objective economic laws, acting independently of the will and desire of people. This doctrine was metaphysical in nature. In fact, Smith identified "the natural order" with capitalism, which he considered as the only "normal" social order corresponding to the nature of the man. Smith did not deny the existence of other economic orders, but he believed that such orders contradicted the requirements of political economy. However, in spite of its metaphysical character, the development of the doctrine of "natural order" played a positive role. It pushed Smith on the way of revealing inner laws of bourgeois society. But Smith did not always manage to hold on to scientific positions. He often passed from scientific analysis to description of phenomena in that perverted and twisted form in which they appear during surface observation. This led to the inevitable combination of scientific and vulgar elements, to numerous contradictions in his teaching.		The starting point of the economics theory is the position on the "natural order". Under the "natural order" he understood the "normal" social order, corresponding to human nature and subject to objective economic laws, acting independently of the will and desire of people. This doctrine was metaphysical in nature. In fact, Smith identified "the natural order" with capitalism, which he considered as the only "normal" social order corresponding to the nature of the man. Smith did not deny the existence of other economic orders, but he believed that such orders contradicted the requirements of political economy. However, in spite of its metaphysical character, the development of the doctrine of "natural order" played a positive role. It pushed Smith on the way of revealing inner laws of bourgeois society. But Smith did not always manage to hold on to scientific positions. He often passed from scientific analysis to description of phenomena in that perverted and twisted form in which they appear during surface observation. This led to the inevitable combination of scientific and vulgar elements, to numerous contradictions in his teaching.

	Smith died in the northern wing of Panmure House in Edinburgh on 17 July 1790 after a painful illness.		Smith died in the northern wing of Panmure House in Edinburgh on 17 July 1790 after a painful illness.

			== Economic views ==
			Smith divided society into three [[Social class\|classes]]: [[Proletariat\|workers]], [[Bourgeoisie\|capitalists]], and [[Landlord\|landowners]]. Unlike [[François Quesnay\|Quesnay]], he believed value derived from all [[labour]], not just [[Agriculture\|agricultural]] labour. However, he only upheld the labour theory of value for small-scale production and thought that the values of capitalist [[Commodity\|commodities]] were made of [[Wage\|wages]], [[Profit\|profits]], and [[Rent\|rents]]. Smith supported free [[competition]] over [[mercantilism]].<ref name=":0" />

	== Works ==		== Works ==

	* The Theory of Moral Sentiments		* ''[https://www.marxists.org/reference/archive/smith-adam/works/moral/index.htm The Theory of Moral Sentiments]''
	* An Inquiry into the Nature and Causes of the ''Wealth of Nations''		* [https://www.marxists.org/reference/archive/smith-adam/works/wealth-of-nations/index.htm ''An Inquiry into the Nature and Causes of the Wealth of Nations'']

	~~== Views ==~~

	== References ==		== References ==

GheorgheCraciun: Additions where necessary, especially related to Smith's political economy

2022-11-09T22:08:52Z

Additions where necessary, especially related to Smith's political economy

← Older revision		Revision as of 22:08, 9 November 2022
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	== Life ==		== Life ==
	Smith was born in Kirkcaldy, in Fife, Scotland, in 1723. Smith's father died two months before he was born.		Smith was born in Kirkcaldy, in Fife, Scotland, in 1723, in the family of a postal worker. Smith's father died two months before he was born.

	Smith entered the University of Glasgow when he was 14 and studied moral philosophy. In 1740, he was the graduate scholar presented to undertake postgraduate studies at Balliol College, Oxford, under the Snell Exhibition. His time at Oxford was not a happy one, according to his letters. Near the end of his time there, he began suffering from shaking fits, probably the symptoms of a nervous breakdown. He left Oxford University in 1746, before his scholarship ended.		He graduated from secondary and high school, was one of the most educated people of his time. Smith entered the University of Glasgow when he was 14 and studied moral philosophy. In 1740, he was the graduate scholar presented to undertake postgraduate studies at Balliol College, Oxford, under the Snell Exhibition. His time at Oxford was not a happy one, according to his letters. Near the end of his time there, he began suffering from shaking fits, probably the symptoms of a nervous breakdown. He left Oxford University in 1746, before his scholarship ended.

	Smith began delivering public lectures in 1748 at the University of Edinburgh. In 1750, Smith met the philosopher [[David Hume]], who was his senior by more than a decade. In 1751, Smith earned a professorship at Glasgow University teaching logic courses. When the head of Moral Philosophy in Glasgow died the next year, Smith took over the position.		Smith began delivering public lectures in 1748 at the University of Edinburgh. In 1750, Smith met the philosopher [[David Hume]], who was his senior by more than a decade. In 1751, Smith earned a professorship at Glasgow University teaching logic courses. When the head of Moral Philosophy in Glasgow died the next year, Smith took over the position.

	In 1762, the University of Glasgow conferred on Smith the title of Doctor of Laws (LL.D.). At the end of 1763, he obtained an offer from Charles Townshend—who had been introduced to Smith by David Hume—to tutor his stepson, Henry Scott, the young Duke of Buccleuch. Smith resigned from his professorship in 1764 to take the tutoring position.		In 1759 he published his book "The Theory of Moral Sentiments". In 1762, the University of Glasgow conferred on Smith the title of Doctor of Laws (LL.D.). At the end of 1763, he obtained an offer from Charles Townshend—who had been introduced to Smith by David Hume—to tutor his stepson, Henry Scott, the young Duke of Buccleuch. Smith resigned from his professorship in 1764 to take the tutoring position.

	''The Wealth of Nations'' was published in 1776 and was an instant success, selling out its first edition in only six months.		''The Wealth of Nations'' was published in 1776 and was an instant success, selling out its first edition in only six months.

			Smith's economics theory reflected historical conditions of English capitalism development in the 18th century. K. Marx characterized Smith as "a generalizing economist of the manufactural period". The influence of the manufactural period was reflected in the fact that Smith attributed the decisive role in the development of productive forces to the manufactural division of labor, considering the manufactory as a typical form of enterprise. Smith acted as an ideologist of the bourgeoisie in the period when it played a progressive role. V. I. Lenin characterized Smith as "a great ideologist of the advanced bourgeoisie". Smith was not a conscious defender of the bourgeoisie, but objectively, regardless of his subjective sympathies, he defended provisions corresponding to the requirements and interests of the development of the productive forces of capitalist society.

			The starting point of the economics theory is the position on the "natural order". Under the "natural order" he understood the "normal" social order, corresponding to human nature and subject to objective economic laws, acting independently of the will and desire of people. This doctrine was metaphysical in nature. In fact, Smith identified "the natural order" with capitalism, which he considered as the only "normal" social order corresponding to the nature of the man. Smith did not deny the existence of other economic orders, but he believed that such orders contradicted the requirements of political economy. However, in spite of its metaphysical character, the development of the doctrine of "natural order" played a positive role. It pushed Smith on the way of revealing inner laws of bourgeois society. But Smith did not always manage to hold on to scientific positions. He often passed from scientific analysis to description of phenomena in that perverted and twisted form in which they appear during surface observation. This led to the inevitable combination of scientific and vulgar elements, to numerous contradictions in his teaching.

	Smith died in the northern wing of Panmure House in Edinburgh on 17 July 1790 after a painful illness.		Smith died in the northern wing of Panmure House in Edinburgh on 17 July 1790 after a painful illness.

Spookfessor: Added categories

2021-06-23T15:57:00Z

Added categories

← Older revision		Revision as of 15:57, 23 June 2021
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	Adam Smith (1723-1790) was a Scottish philosopher and economist who is best known as the author of ''[[An Inquiry into the Nature and Causes of the Wealth Of Nations]]'' (1776), one of the most influential books ever written.		Adam Smith {{Datebio\|birthyear=1723\|deathyear=1790\|birthmonth=June\|deathmonth=July\|birthday=~5\|deathday=17}} was a Scottish philosopher and economist who is best known as the author of ''[[An Inquiry into the Nature and Causes of the Wealth Of Nations]]'' (1776), one of the most influential books ever written.

	== Life ==		== Life ==
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	== References ==		== References ==
	<references />		<references />
			[[Category:Economists]]
			[[Category:British political economists]]
			[[Category:Philosophers]]

Spookfessor: Created page with "Adam Smith (1723-1790) was a Scottish philosopher and economist who is best known as the author of ''An Inquiry into the Nature and Causes of the Wealth Of Nations'' (1776..."

2021-05-31T12:37:32Z

Created page with "Adam Smith (1723-1790) was a Scottish philosopher and economist who is best known as the author of ''An Inquiry into the Nature and Causes of the Wealth Of Nations'' (1776..."

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Adam Smith (1723-1790) was a Scottish philosopher and economist who is best known as the author of ''[[An Inquiry into the Nature and Causes of the Wealth Of Nations]]'' (1776), one of the most influential books ever written.

== Life ==
Smith was born in Kirkcaldy, in Fife, Scotland, in 1723. Smith's father died two months before he was born.

Smith entered the University of Glasgow when he was 14 and studied moral philosophy. In 1740, he was the graduate scholar presented to undertake postgraduate studies at Balliol College, Oxford, under the Snell Exhibition. His time at Oxford was not a happy one, according to his letters. Near the end of his time there, he began suffering from shaking fits, probably the symptoms of a nervous breakdown. He left Oxford University in 1746, before his scholarship ended.

Smith began delivering public lectures in 1748 at the University of Edinburgh. In 1750, Smith met the philosopher [[David Hume]], who was his senior by more than a decade. In 1751, Smith earned a professorship at Glasgow University teaching logic courses. When the head of Moral Philosophy in Glasgow died the next year, Smith took over the position.

In 1762, the University of Glasgow conferred on Smith the title of Doctor of Laws (LL.D.). At the end of 1763, he obtained an offer from Charles Townshend—who had been introduced to Smith by David Hume—to tutor his stepson, Henry Scott, the young Duke of Buccleuch. Smith resigned from his professorship in 1764 to take the tutoring position.

''The Wealth of Nations'' was published in 1776 and was an instant success, selling out its first edition in only six months.

Smith died in the northern wing of Panmure House in Edinburgh on 17 July 1790 after a painful illness.

== Works ==

* The Theory of Moral Sentiments
* An Inquiry into the Nature and Causes of the ''Wealth of Nations''

== Views ==

== References ==
<references />