Friday, May 20, 2011

Nicholas Phillipson: Adam Smith

Adam Smith, an odd, somewhat ungainly man from Scotland who lived and wrote in the 18th century is one of the great minds. The poor fellow seems destined to remain in the popular mind as the mand with the invisible hand. But in addition to this keep perception and his invention of modern economic thought, he is the author of another equally great work, The Theory of the Moral Sentiments. This book gives us the "impartial spectator", an ideal that a Buddhist would recognize.

This birthday gift one 1HP (thanks again!) reinforced what I already believed: Smith is a greaet mind with keen insight. Yes, he invented modern economics, but it was all a part of his project for a "science of man". He is essentially humane, careful, and worthy of all of the consideration that we can give him.

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