unknown but he was baptized on June 5, 1723. At the age of fifteen, Smith began

attending Glasgow University where he studied moral philosophy. In 1748 he began giving

lectures in Edinburgh where he discussed rhetoric and later he began to discuss the

economic philosophy of the "simple system of natural liberty" which he later proclaimed in

his Inquiry into Nature and Causes of the Wealth of Nations.

In 1751, Smith was appointed professor of logic at Glasgow university,

transferring in 1752 to the chair of moral philosophy. His lectures covered the field of

ethics, rhetoric, jurisprudence and political economy. In 1759 he published his Theory of

Moral Sentiments, embodying some of his Glasgow lectures. This work was about those

standards of ethical conduct that hold society together, with emphasis on the general

Smith moved to London in 1776, where he published An Inquiry into the Nature

and Causes of the Wealth of Nations, which examined in detail the consequences of

influential book on the subject. When the book, which has become a classic manifesto

that would hurt our economy and he will have failed. That is why his job is difficult,

watchful eye over this inserting of money into the economy. His job is to keep the

or America simply needs to find a new Chairman of the Federal Reserve.

to keep too much money from entering our market. He can not let inflation occur because

grow faster but if too much is put in, inflation will occur. Also, they feel that this will

poverty caused by the war but the British public and parliament still clung to mercantilism

however, as the man placed in that position he must be able to handle this. Either

labor, the function of markets, and the international implications of a laissez-faire

currency into our market but still keep it from getting out of control.

Some common words found in the essay are:
Wealth Nations, Adam Smith's, Adam Smith, Britain America, Percenters Greenspan, Edinburgh Scotland, Moral Sentiments, Glasgow University, Fife Scotland, Alan Greenspan, wealth nations, money economy, adam smith, economy free government, causes wealth nations, moral philosophy, grow faster, free government, economy free, inquiry nature causes, inserting money, inserting money economy, glasgow university, nature causes wealth, inquiry nature,
Approximate Word count = 760
Approximate Pages = 3 (250 words per page double spaced)