Adam Smith: The Father of Modern Economics and His Theories
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Sociological Theory: Adam Smith and Karl Marx
Although not considered sociologists by profession, early thinkers like Adam Smith and Karl Marx sought to answer the fundamental question of what constitutes a society.
Adam Smith (1723-1790)
Adam Smith was born in Edinburgh, one of the cities where the industrial movement began. At the age of four, he was reportedly kidnapped by gypsies but was later rescued by his uncle. He entered the University of Glasgow at 14 and, in 1740, won a scholarship to Oxford, where he spent the following years at Balliol College.
Academic Career and Influences
In 1748, he became an assistant professor of Rhetoric and Literature in Edinburgh. He met the Scottish philosopher David Hume, who became a lifelong friend until... Continue reading "Adam Smith: The Father of Modern Economics and His Theories" »