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Adam Smith

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Interpretation of quote


The author of the quote I chose is Adam Smith. Smith was a famous economist and philosopher from Scotland. ... Among Smith’s other accomplishments were being professor and the chair of moral philosophy at Glasgow University, and writing the “Theory of Moral Sentiments”, which contained some of the lectures he gave at Glasgow. Smith is recognized most for his expression “the invisible hand”, which he used to show how self-interest is the most efficient use of resources in the nation’s economy, with public welfare coming as a by-product.

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Paper Information

Title: Adam Smith

Words: 648
Rating: None
Pages: 2.6
submitted by: kdub55

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