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Adam Smith - a Scottish economist and philosopher, one of the founders of modern economic theory. Adam Smith was born in June, one thousand seven hundred and twenty-three, in the town of Kirkcaldy in Scotland. His father, a customs official, died two months before the birth of her son. At the age of fourteen, he entered the University of Glasgow. In seventeen hundred fortieth year he entered Balliol College, Oxford, and graduated from it in one thousand seven hundred and forty-sixth year. In thousand seven hundred forty-eighth year of Smith began to lecture at the university. Later, he was appointed professor of logic at the University of Glasgow. He lived with his mother and cousin. He has published many popular books on economics. Smith died in Edinburgh after a long illness bowel July 17, 1790.
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