Adam Smith


Adam Smith (1723-1790) was a Scottish philosopher, economist, and leading Enlightenment figure. In The Wealth of Nations, he advocates free trade and limited interference in markets by governments, for which he is seen as the founder of liberal economics. Regarded incorrectly as a champion of laissez-faire economics, Smith supported state intervention in important areas like the education of workers.

More about: Adam Smith


  • 1723 - 1790
    Life of the philosopher and economist Adam Smith.
  • c. 5 Jun 1723
    Adam Smith is born in Kirkcaldy, Scotland.
  • 1740 - 1746
    Adam Smith studies at Balliol College, Oxford.
  • 1751
    Adam Smith is appointed the Professor of Logic at the University of Glasgow.
  • 1752 - 1764
    Adam Smith is Professor of Moral Philosophy at the University of Glasgow.
  • 1759
    Adam Smith's The Theory of Moral Sentiments is published.
  • 1766
    Adam Smith acts as advisor to the British Chancellor of the Exchequer.
  • 1776
    Adam Smith's The Wealth of Nations is published.
  • 1778
    Adam Smith is appointed customs commissioner in Edinburgh.
  • 17 Jul 1790
    Adam Smith dies in Edinburgh.