Adam Smith: An Enlightened Life

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Penguin Books Limited, Aug 5, 2010 - Biography & Autobiography - 368 pages
3 Reviews
Adam Smith is celebrated all over the world as the author of The Wealth of Nations and the founder of modern economics. A few of his ideas - that of the 'Invisible Hand' of the market and that 'It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest' - have become icons of the modern world. Yet Smith saw himself primarily as a philosopher rather than an economist, and would never have predicted that the ideas for which he is now best known were his most important. This book, by one of the leading scholars of the Scottish Enlightenment, shows the extent to which The Wealth of Nations and Smith's other great work, The Theory of Moral Sentiments, were part of a larger scheme to establish a grand 'Science of Man', one of the most ambitious projects of the European Enlightenment, which was to encompass law, history and aesthetics as well as economics and ethics. Nicholas Phillipson reconstructs Smith's intellectual ancestry and formation, of which he gives a radically new and convincing account. He shows what Smith took from, and what he gave to, the rapidly changing and subtly different intellectual and commercial cultures of Glasgow and Edinburgh as they entered the great years of the Scottish Enlightenment. Above all he explains how far Smith's ideas developed in dialogue with those of his closest friend, the other titan of the age, David Hume. This superb biography is now the one book which anyone interested in the founder of economics must read.

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User Review  - RussWhite - LibraryThing

Adam Smith is one of the most important figures in modern economic theory. In a very real sense, he provided the basis for the Industrial Revolution through his emphasis on the division of labor as ... Read full review

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User Review  - mnicol - LibraryThing

This book sorely tested my knowledge of Scottish history. Phillipson assumes his reader’s familiarity with the Westminster Confession of Faith, the Glorious Revolution and the 1707 Act of Union in ... Read full review

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About the author (2010)

Nicholas Phillipson is Honorary Research Fellow in History at Edinburgh, where he has taught since 1965. He has held visiting appointments at Princeton, Yale, Tulsa, the Folger Library, Washington DC and the Ludwigs-Maximilian Universitat, Munich. He is co-director of a three-year Leverhulme-funded project on the Science of Man in Scotland. He was an associate editor of the New Oxford Dictionary of National Biography, a founder editor of the journal Modern Intellectual History, published by the Cambridge University Press, and is a past president of the Eighteenth Century Scottish Studies Society.

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