How Did Adam Smith Wrote The Bible Of Capitalism

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Adam Smith, an economist, a journalist, an educator, and a philosopher. A man who singling shaped many political economy that we see today. Also a well know author of the books, The Wealth of Nation, which is none as “Bible of Capitalism”. In this paper I will inform you, the reader much more than just the few books he wrote. Today you will be informed on Adam Smith personal life, how he changed economic policies, and how his policies still impact today everyday economy.

Adams Smith, an economist that wrote the “Bible of capitalism” all started in the city of Kirkcaldy in Scotland. He was baptized on June 5, 1723, his birthdate is undocumented. Smith was raised in Ireland only is his mother Margaret Douglas, Adams father died before …show more content…

Where Smith met philosopher David Hume during the Scottish Enlightenment in 1750. Smith and Hume wrote many forums about politics, history, religion, and economics. 1754 Smith became a professor at Glasgow that is where he wrote Theory of Moral Sentiments. A year later Smith was elected as a member of Philosophical Society of Edinburgh. In the Literary Club where he spent thirteen years there. There is where Smith wrote and published Wealth of Nations, the book turned an instant success. Smith resigned from his professorship at Philosophical Society of Edinburgh. Later in 1787 Smith took up the place at University of Glasgow as Lord Rector for two years. In July 17, 1790 Adams Smith died Edinburgh, United …show more content…

One of the main books that he wrote The Theory of Moral Sentiments in 1759 he wrote on the general principles of law and government. The Theory of Moral Sentiment made Adam Smith known as the notorious “the Father of Capitalism”. Many of Smith 's viewpoints were of the individual working to make themselves better, with no interest in helping the common good. The term of and the ‘Invisible hand’, helps everyone get a job by categorizing. ‘The Invisible Hand’ is very important in today 's economy, which is why whenever everyone at once saves money the economy goes into a

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