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Geniuses are always incomprehensible and amaze their contemporaries. Adam Smith was just such a genius who revolutionized philosophy and economics.
Adam Smith: a short biography
He was born as a long-awaited child in June 1723 in the small Scottish town of Kirkcaldy in the well-to-do family of the customs officer Adam and his wife Margaret. The baby was not even two months old when his father suddenly passed away.
Kirkcaldy is called Long Toun, it has wide streets that stretch along the coast of the bay. In the XNUMXth century, the port town was rich. The city treasury was decently replenished by trade, coal mining, fishing, and most importantly – shipbuilding.
The town is flourishing to this day, although it has not been a commercial port for a long time. Attractions Kirkoldi: medieval temple and theater. A. Smith. In his youth, he was fond of theater and wrote poetry.
At the age of 14, Adam entered the University of Glasgow, where he diligently studied ancient languages, logic, philosophy, astronomy and mathematics. His favorite teacher was the later famous scientist philosopher Francis Hutcheson. To him Smith owed his love for this science.
In 1740, Adam continued his education at the Oxford graduate school. The training was free for him, but, in his opinion, useless. In 1746 he returned to his homeland and was engaged in self-education.
He began to give lectures in 1748. Students liked them because they were new and understandable. Period 1748 – 1761 Smith considered the happiest in his life.
He has lectured on rhetoric, literature and logic at the universities of Edinburgh and Glasgow. His main work on philosophy is considered to be the treatise “Theory of Moral Feelings”, which radically changed the views on ethics and psychology.
Students from different European countries came to the scientist’s lectures. But in 1764 he stopped teaching and became a mentor to the young Henry Scott Duke of Bucklew. Together with him, he visited France and Switzerland. However, these trips bored him, and at this time he wrote another work on economics and morality.
Adam Smith passed away at the age of 67. According to legend, before his death, he said: “I could achieve more.”
Adam Smith is the father of economics
Adam Smith lived in a time of new discoveries and as a genius, he created a new science, going down in history as the father of economics. To create something new, you had to have a good foundation, a basis. But the idea was already in the air.
In European countries, there have long been disputes between conservatives and physiocrats. But it was a dispute between politicians and philosophers, far from the laws of development of society and the state. Humanity was preparing to move from an agrarian society to an industrial one. Politicians and scientists were looking for laws according to which society could develop at a new stage.
Smith summarized everything that was said and studied before him and made conclusions that made a revolution in the minds of people. This work was called “Research on the nature and causes of the wealth of nations.”
After publishing 10 years of work, he retired from science and became a customs officer. He called his achievement a treatise written in his distant youth. The scientist proposed creating a free market, separating labor, giving freedom to the peasants, focusing on the domestic market and introducing a new tax system.
Smith corresponded with famous scientists and writers: the philosopher David Hume, Joseph Black, James Watt, Robert Fowlis, James Hutton, and others.
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