When he was 14, he entered the University of Glasgow. That university was the center of the Scottish Enlightenment. He was influenced by Francis Hutchison. Francis Hutchison was a professor of Moral Philosophy and his views help Adam Smith to develop his personal beliefs. Adam Smith graduated in 1740 and won a scholarship to Oxford.
He returned to his home and gave a series of public lectures in Edinburgh. The lectures varied from rhetoric, history and economics. In 1751, Smith was appointed Professor of Logic at Glasgow, but later transferred to Moral Philosophy. Moral Philosophy was about natural theology, ethics, jurisprudence and political economy.
After taking the position at Glasgow, he lectured students that ranged in age of 14-16 years old. He was very active at Glasgow. In 1758 he was elected Dean …show more content…
Charles Townshend hired Smith to be tutor and ward his step son, Duke of Buccleuch. This position paid him way more than he made as a professor. In 1763 he went to France as the tutor of the Duke.
In 1776 he completed and published “The Wealth of Nations” which is a continuation of the philosophical theme in “The theory of moral sentiments”. The book takes the struggle between passions and the impartial spectator to how it effects history itself, long term and immediate. He said there is four stages of organization of society. The first is the original state of hunters. The second stage is of nomadic agriculture. The third stage he says is Feudal. The forth and final stage is commercial interdependence.
Commercial interdependence is market determined and free rather than government constrained enterprise. It called this Laisse-Faire capitalism. Perfect liberty. Competition was important in the books because “a desire that comes with us from the womb, and never leaves us until we go to the grave”. That turns into a socially beneficial agency by putting one persons drive fore self-betterment against
He returned to his home and gave a series of public lectures in Edinburgh. The lectures varied from rhetoric, history and economics. In 1751, Smith was appointed Professor of Logic at Glasgow, but later transferred to Moral Philosophy. Moral Philosophy was about natural theology, ethics, jurisprudence and political economy.
After taking the position at Glasgow, he lectured students that ranged in age of 14-16 years old. He was very active at Glasgow. In 1758 he was elected Dean …show more content…
Charles Townshend hired Smith to be tutor and ward his step son, Duke of Buccleuch. This position paid him way more than he made as a professor. In 1763 he went to France as the tutor of the Duke.
In 1776 he completed and published “The Wealth of Nations” which is a continuation of the philosophical theme in “The theory of moral sentiments”. The book takes the struggle between passions and the impartial spectator to how it effects history itself, long term and immediate. He said there is four stages of organization of society. The first is the original state of hunters. The second stage is of nomadic agriculture. The third stage he says is Feudal. The forth and final stage is commercial interdependence.
Commercial interdependence is market determined and free rather than government constrained enterprise. It called this Laisse-Faire capitalism. Perfect liberty. Competition was important in the books because “a desire that comes with us from the womb, and never leaves us until we go to the grave”. That turns into a socially beneficial agency by putting one persons drive fore self-betterment against