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Adam Smith
From: The Columbia Encyclopedia, Sixth Edition
Date: 20080424
Author:
Adam Smith 1723-90, Scottish economist, educated at Glasgow and Oxford. He became professor of moral philosophy at the Univ. of Glasgow in 1752, and while teaching there wrote his
Theory of Moral Sentiments
(1759), which gave him the beginnings of an international reputation. He traveled on the Continent from 1764 to 1766 as tutor to the duke of Buccleuch and while in France met some of the
physiocrats
and began to write
An Inquiry into the Nature and Causes of the Wealth of Nations,
finally published in 1776.
In that work, Smith postulated the theory of the division of labor and ...
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