Who is the Father of Economics?

Adam Smith is known as the father of Economics.

Here are some quick facts about Adam Smith:

Birth 16 June 1723
Death 17 July 1790
Notable work The Theory of Moral Sentiments, The Wealth of Nations
Notable ideas Classical economics, Free market, Economic liberalism, Division of labour, Absolute advantage, The Invisible Hand
Birthplace Kirkcaldy, Fife, Scotland

Adam Smith - Father of Economics

Adam Smith — Father of Economics

Adam Smith was a Scottish philosopher, economist, and moralist. He is best known for his book The Wealth of Nations, which is considered to be the first modern work of economics. He also wrote on ethics and religion, history, jurisprudence, poetry, and other topics.

He believed that individuals acting in their self-interest could benefit society as a whole.

Smith’s work is considered to be foundational for modern economics and inspired generations of economists after him.

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