Historically, almost everywhere, the formation of economic science most often linked with the name and works of Adam Smith (1723 - 1790) - the greatest of the English scientist-economist of the end of the XVIII century. This «human frailty» will be overcome, obviously, soon, because unlike the natural sciences, which require, as a rule, the idea of the contemporary level of knowledge, economic science can hardly grasp it, not having become acquainted with the theoretical views of prominent economists of classical political economy. Among them Adam Smith is, undoubtedly, the Central figure.
In the second half of the XVIII in the United Kingdom there were favorable conditions for the take-off of economic thought, what was the creation of the Scottish economist and philosopher A. Smith. The establishment of its economic system he set the main purpose of scientific work and searches. Smith was a bright, diverse and sophisticated person. Suffice it to say that he had received his education in the two most prestigious universities of the world. His interests were not limited only to the economy or philosophy; he had a broad knowledge of science in other areas: for example, received a Master of Arts degree and the doctor of the rights. In addition, A. Smith talked with the best people of his time, who contributed large extent to the formation of his views.
Adam Smith is often described as the "founding father of economics". A great deal of what is now considered standard theory about the theory of markets was developed by Adam Smith. Two books, Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations are of great importance. The name of the great Scotsman Adam Smith is revered all the modern scientists-economists, no matter how different points of view they are adhered to. The book «An Inquiry into the nature and causes of the wealth of Nations" (1776) cost him his nine years of complete seclusion and brought the