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Topic: Business
Number of pages / Number of words: 5 / 1286
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Smith found much that he admired in the Physiocrats outlook but he did not share it completely. Amongst other things the Physiocrats saw land as the primary source of wealth (one seed sown might produce twenty at harvest!) rather than manufacturing.

On the completion of his duties as tutor Smith then returned, after some

further months spent in London, to Scotland where he stayed quietly with his mother at his native town of Kirkcaldy and occupied himself in study and writing...


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It was to be in 1776, that Adam Smith finally saw his "Wealth of Nations" through the press.

Adam Smith's "Wealth of Nations" is regarded as having been the first

great work of Political Economy. It is in some ways an enhancement of his "Theory of Moral Sentiments" in that it focuses on the problems of how people express their self-interest and their morality...


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