Life and Theoretical Thought of Adam Smith
An Introduction Adam Smith was a well accomplished philosopher during the 1700’s. ... In this paper I hope you, as the reader, grasp a better understanding of who Adam Smith is and his life. ... The Life of Adam Smith Adam Smith, although a birth date was not officially written down, was baptized on June 5, 1723. He was the son of Adam Smith and Margaret Douglas. ... Lilias Drummond, his first wife, died in 1717 leaving behind Adam and one son, Hugh. The elder Adam Smith was a scholarly man with qualifications in Law from Edinburgh in 1698. ... In 1720, Adam Smith married Margaret Douglas. Three years later, on January 9, 1723 Adam Smith passed away, 5 months before Margaret gave birth to their son Adam. ... Being born after his father died, Adam Smith was brought up by his mother as well as several guardians. ... At 14 years of age Adam was accepted into the University of Glasgow in November of 1737. ... The Theory of Moral Sentiments While lecturing at Glasgow, Adam Smith developed his thoughts and ideas on moral philosophy. ... Nature of morality, moral faculty, and the doctrines of Adam Smith’s system are the themes contained inside the book. ... There are two doctrines to Adam Smith’s system. ... Glenn Morrow states that according to Adam Smith, sympathy is “the principle of communication between individuals which makes possible the moral judgment. ... An Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith’s second and last book is considered one of the greatest publications to date. ... In this book Smith introduces the “invisible hand” theory. ... Smith thought that the “invisible hand” was good because is made people think about what other people wanted.