Adam Smith

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Adam Smith

Adam Smith (bapteised 5 Juin 172317 Julie 1790) wis a Scots[a] economist, philosopher an screiver o the Wealth of Nations an o the Theory of Moral Sentiments.[2] Born in Kirkcaudy,[3] he wis muckle figur o the Scots Enlichtment,[4] an is kent as the "Faither o Economics"[5] or the "Faither o Caipitalism" an aw.[6]

Legacy[eedit | eedit soorce]

Fowk say that Smith's argumentations mak him the faither o laissez-faire, free mercat caipitalism;[7][8] howsomever, ithers argue this haes been ower-blawn, as Smith did support limited govrenment regulations.[9]

Adam Smith's heid is on the Baunk o Ingland £20 note (the first Scotsman on an Inglis baunknote)[10] an the Clydesdale Baunk £50 note.[11][12]

References[eedit | eedit soorce]

  1. Smith identified as a North Briton.[1]
  1. Williams, Gwydion M. (2000). Adam Smith, Wealth Without Nations (in Inglis). London: Athol Books. p. 59. ISBN 978-0-85034-084-6.
  2. "Absolute Advantage – Ability to Produce More than Anyone Else". Corporate Finance Institute (in Inglis). Retrieved 20 Februar 2019.
  3. Rae 1895, p. 1
  4. "Great Thinkers of the Scottish Enlightenment".
  5. * Brown, Vivienne (5 December 2008). "Mere Inventions of the Imagination': A Survey of Recent Literature on Adam Smith". Cambridge University Press. 13 (2): 281–312. doi:10.1017/S0266267100004521. Retrieved 20 Julie 2020.
  6. * "Adam Smith: Father of Capitalism". www.bbc.co.uk. Retrieved 20 Februar 2019.
  7. "FRB: Speech, Greenspan – Adam Smith – 6 February 2005". Archived frae the original on 12 Mey 2008. Retrieved 31 Mey 2008.
  8. "Adam Smith: Web Junkie". Forbes. 5 Julie 2007. Archived frae the original on 20 Mey 2008. Retrieved 10 Juin 2008.
  9. Stein, Herbert (6 Apryle 1994). "Board of Contributors: Remembering Adam Smith". The Wall Street Journal Asia: A14.
  10. "Smith replaces Elgar on £20 note". BBC. 29 October 2006. Archived frae the original on 24 Mairch 2007. Retrieved 14 Mey 2008.
  11. "Clydesdale 50 Pounds, 1981". Ron Wise's Banknoteworld. Archived frae the original on 30 October 2008. Retrieved 15 October 2008.
  12. "Current Banknotes : Clydesdale Bank". The Committee of Scottish Clearing Bankers. Archived frae the original on 3 October 2008. Retrieved 15 October 2008.