Adam Smith, The Theory of Moral Quotes

A collection of quotes by Adam Smith, The Theory of Moral .

Adam Smith was a Scottish philosopher and economist who lived from 1723 to 1790. He is widely regarded as one of the pioneers of modern economics and a key figure in the Scottish Enlightenment. Smith's most renowned work, "The Theory of Moral Sentiments," was published in 1759.

Smith was born in Kirkcaldy, Scotland, and studied at the University of Glasgow, where he developed a strong interest in moral philosophy and social sciences. He later continued his education at Balliol College, Oxford. After returning to Scotland, Smith lectured at the University of Edinburgh and became acquainted with prominent intellectuals of the time.

In 1776, Smith published his groundbreaking work, "The Wealth of Nations," which established his reputation as the founder of classical economics. The book focuses on the principles of free trade, division of labor, and self-interest as drivers of economic growth and prosperity.

Smith's major contribution to philosophy and moral theory, however, lies in "The Theory of Moral Sentiments." In this work, he explores the nature of human morality and argues that individuals possess an inherent sense of sympathy and empathy. Smith suggests that our actions are guided by moral instincts and a desire for approval from others, rather than purely selfish motives.

Beyond his economic and philosophical pursuits, Smith served as a commissioner of customs in Scotland and gained recognition for his insights on taxation, trade policies, and social issues. His ideas have had a lasting impact on economic theory and continue to shape debates regarding capitalism, ethics, and human behavior.