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Adam Smith Biography


Smith became acquaintances with Andrew Cochran where he got most of his knowledge in business. In 1759, Smith published his first book The Theory of Moral Sentiments. Adam became a local celebrity from this book, people started to come from all over to hear his magnificent lectures. Smith started to tutor Charles Townshend's son, the duke of Buccleuch where he got five hundred pounds year plus travel expenses. In 1763, he headed of to France where he stayed at Toulouse. This is where he began to write The Wealth of Nations. He spent eighteen months in Toulouse, during that he went to Geneva for two months and met Voltaire. In a Parisian he met Francois Quesnay who analyzed how expenditure circulated throughout the economy. Due to the dukes brother died, Smith and the duke had to return to England. Upon his return Smith was elected to the Royal Society where he met other philosophies. In 1767 he returned to Kirkadly where he refined his work, in The Wealth. In 1776, The Wealth of Nations was published which was an instant success. With the success of this book he was offered the commissioner of the customs of Scotland. But Smith decline the offer and went to Edinburgh to live quietly. There he revised Moral Sentiments and The Wealth extensively. .
             The Theory of Moral Sentiments goals was to investigate how people adopt values of morality by how they arbitrate others and how people adopt values of morality by themselves. Smith writes that humans enjoy seeing their values in others thus we give opinions by our own moral judgement and values. Smith believes that we learn how to assume an "impartial spectator" or unbiased perspective from which we judge our own behavior. Adam writes that society and actions with others create moral judgments. Smith claims that human develop complex values of actions from birth to death. Also that if ones childhood is isolated and chaotic confrontations with others will lead, as we grow older to habits of behavior.


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