SOCB42H3 Lecture Notes - Lecture 2: Capital Accumulation, Patrimonialism, Gross National Product
Document Summary
He studied moral philosophy, he had anxiety when we was studying in england so went back to scotland. At the age of 28, he became a popular professor known to be fun. He lectured in english, it was unusual because the norm was to conduct the lectures in latin. He asked abt day to day life abt merchant"s wealth. In 1755 he wrote a book called theory of moral sentiment. It had a general theory of moral forces tht guide him in behaviour. He became a private tutor for duke after he became rich selling his book. He started to think abt economics and wrote another book, wealth of nations in 1766. Investigation into the nature and causes of the wealth of nations. A rich country with natural resources (gold mine, rich fertile, etc. ) Cash (the country with the most gold is the richest).
