John Adam Smith (5 June 1723 – 17 July 1790), was a Scottish philosopher who became a pioneer of modern economics. This economic system emerged in the 19th century in Western Europe and in the 18th century became famous there. If it weren't for the Scottish philosopher and political economist Adam Smith, the world would surely be a poorer place to live in. A towering figure in the history of economic thought, Adam Smith was a key figure of the Scottish Enlightenment best known for his book, the magnum opus of his life, 'The Wealth of Nations'. He was the first political economist to write a comprehensive political economy system. His classic work which is now considered the 'Book of Capitalism' became the first modern economic work, and was the precursor to the modern adaptation of the academic discipline of economics. Through his book, he laid the foundation for classical free market economic theory, a concept unknown to the world until then. The book was later included in the 100 Best Scottish Books of all time. Despite his fiscal theory, Adam Smith was a great moral philosopher and pioneer of economic principles. His quotes to date are relevant to society's striking economic needs, moral principles and provide a glimpse into the real factors that guarantee a better life and a happy future. Go through them and see for yourself.
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