Adam Smith

Adam Smith

Born: 1723
Died: 1790

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Adam Smith FRSA was a Scottish economist and philosopher who was a pioneer of political economy and key figure during the Scottish Enlightenment. Also known as "The Father of Economics" or "The Father of Capitalism".

The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Smith introduced his theory of absolute advantage.

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