SOCB42H3 Lecture : lecture
Document Summary
Born in 1723 in scotland, died in 1790. Became a full professor of moral philosophy at the age of 28. Gave lectures in english instead of latin. In 1759 wrote a book the theory of moral sentiments about a general account of the moral forces that influence human interaction. He then became a tutor for the children of the baron. Wrote the wealth of nations out of boredom. Published in 1776, the book is revolutionary. The book became one of the most influential books ever written. Title: inquiry into the nature and causes of the wealth of nation. Smith rejects both of these, he proposes something new-gnp per capita. You determine by asking how much a typical person can consume. Wealth is created through a social process, how the country arranges its labour so it can be as productive as possible. Take the wealth, get the resources needed www. notesolution. com. If wealth consists of gold and you want it.
