and cast in bronze, by Alexander Stoddart, this imposing
statue of Adam Smith, philosopher and father of modern economics
thinking, faces down the high street towards his home town
of Kircaldy in fife across the river Forth. It was unveiled
on 4th July 2008.
He was educated in both Glasgow and
Oxford, Adam Smith became a freelance lecturer in Edinburgh, (1748),
reading literature, economics and philosophy.
His success in this led him to take the chair of Logic at Glasgow
University in 1751, and in the following year he become professor
of moral philosophy.
It was here, in 1759, that Smith published his Theory of Moral
Sentiment, an antithesis to the human condition of selfishness.
This work received with acclaim established his reputation as
a philosopher and led to a two year appointment as tutor to the
young Duke of Buccleuch and his brother.
In 1766 Smith Settled in Kirkcaldy, where he would complete his
masterpiece - The Weatlh of Nations - published 1776 - the same
year that the American Declaration of Indepencence was signed.
work examined the freedom of economic association - laissez-faire
- and its consequences for nations and politics. It was
instantly influential and has never been out of print.
Smith spent the last twelve years of his life in Edinburgh
and worked as The Commissioner of Customs from 1778.
his serious and stern expression he was a likeable man,
fond of socialising and entertaining, he was good friends
with fellow philodopher David Hume. His temper could be
aroused however and in an argument with Samuel Johnson
who called him a "liar", he retorted, calling
his opponent "a brute and son of a bitch".
he is known to have several affairs, he never married or
had any children.
died in Edinburgh on July 17th 1790.