Adam Smith

Adam Smith (1723-1790) was a Scottish economist, philosopher, and author, widely recognized as the father of modern economics. His seminal work, "An Inquiry Into the Nature and Causes of the Wealth of Nations," published in 1776, laid the foundations for classical economics and introduced key concepts such as the division of labor and the invisible hand. Smith's writings also encompass moral philosophy, notably in "The Theory of Moral Sentiments," where he explores the nature of human morality and social behavior. His contributions to economic thought and ethical considerations have had a lasting impact on both disciplines, making him a pivotal figure in the history of Western thought.