We are currently experiencing some technical difficulties, and some parts of the site are inaccessible. We have temporarily removed the affected areas which include the store, user registration/accounts and competitions. We apologise for any inconvenience.

Economist Adam Smith died - On this day in history

17 July 2013

Economist Adam Smith died - On this day in history

Scottish economist Adam Smith died on 17 July 1790 in Edinburgh at the age of 67. Smith is regarded as one of the founding fathers of philosophy and economics and was one of the key figures of the Scottish Enlightenment. He strongly believed in a free market economy, arguing that human self interest would bring about a balanced economy without the need for restrictions in trade.

Smith was the author of several works which are still used today - including An Enquiry into the Nature and Causes of the Wealth of Nations - which sold out within six months of publication in 1776. Smith died an unmarried man and requested that his private papers be destroyed after his death. His portrait has featured on both Scottish and English banknotes and he is commemorated by a statue at St Giles Cathedral in Edinburgh.

Read more On This Day in History.

Sign up now for our FREE e-newsletter for more news stories, sneak previews, exclusive content and special offers.

Promotions & Offers

Cookies on Celebrate Scotland

We use cookies to improve your experience on our website. Find out more about how we use cookies.

You can update your settings by clicking the Cookie Policy link which can be found any time at the bottom of the page.

Close this message and prevent it from showing in the future.

Login

Please enter your username and password below to gain access.

  • Login

  • Login to your FREE Celebrate Scotland User Account here, ensure you are taking full advantage of all the latest user features of our website.

Forgotten Username | Forgotten Password | Register Now

Already a Scottish Memories or History Scotland magazine Subscriber?

Warners Group Logo

The Maltings, West Street, Bourne, Lincs. PE10 9PH

Tel:+44 (0)1778 391000 • Fax: +44 (0)1778 421706


TERMS OF WEBSITE USE AND ACCEPTABLE USE POLICY

Last Updated: 10th May 2012

 

Loading...