Adam Smith
Adam Smith was born on June 5th, 1723, in Kirkcaldy, a trading center in Scotland. Smith's birthplace gave him exposure to a number of trades, including fishing, mining, iron-working, and trade. Smith also witnessed the growing popularity of foreign commodities imported from the colonies, such as tobacco and cotton, giving him further material for thought.
Smith did well at school and won a scholarship in 1740 to study at the Balliol College of Oxford. He had many criticisms of the...
