Faculty of International Studies
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ADAM SMITH – The father of modern economics
Course: World history Instructors : Loic Diels Teaching assistance: Ta Thi Huong Ly Group 19: Nguyen Cam Anh Nguyen Hoai Nam Phan Thi Kim Ngan Nguyen Thi Thu Huong Date: Nov 16, 2012
I/ Introduction:
In the 18th century, with the aim of justifying human society by using reasons, intellectual interchange and advanced knowledge of science rather than merely basing on traditions, faiths, beliefs or superstition there was an emergence of the Age of Enlightenment (or simply called the Enlightenment or Age of Reason), which was known as a cultural movement of intellectuals and scholars appearing first in Europe and later in the colonies of America. No longer than the same time of The Age of Reason, the Scottish Enlightenment which inherited shared the humanism and rationalism outlook with the European Enlightenment (David Daiches, 1986) occurred in Scotland, England. Also according to Daiches (1986), by 1750, Scots were viewed among the most literate citizens of Europe, with an estimated 75% level of literacy. The culture was oriented to books, and intense discussions took place daily at such intellectual gathering places in Edinburgh as The Select Society and, later, as Glasgow, Edinburgh and Aberdeen. Therefore, it was strongly believed that this movement was characterized by outstanding intellectual
Bibliography: . (2011). Annual Review. Adam Smith. (2012). Available from The Biography Channel website website Retrieved 08:32, Nov 15, 2012 http://www.biography.com/people/adam-smith-9486480. Hume, D. (1739)A Treatise of Human Nature (pp Robert R. Hatzel, the relevance of Adam Smith. (1984)The relevance of Adam Smith. Retrieved from http://ecedweb.unomaha.edu/ve/library/ROAS.PDF. Rothbard, M Sen, A. (2010)Adam Smith and the contemporary world. Retrieved from http://ejpe.org/pdf/3-1-art-3.pdf. Smith, A Smith, A. (1776a)The Welath of Nations (pp. 862). Smith, A