Adam Smith
Adam Smith FRSA FRS FRSE was a Scottish philosopher and economist born in 1723.
He played a crucial role in the Scottish Enlightenment and is renowned for his contributions to political economy.
Smith authored two seminal works: The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations.
The latter, often called The Wealth of Nations, is considered his magnum opus and the first modern treatise on economics as a comprehensive academic discipline.
Smith's ideas on free markets, division of labor, and the "invisible hand" have profoundly influenced economic thought and policy for centuries.
