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Adam Smith 1723  - 1790

Adam Smith 1723  - 1790. Larissa Kresse, Sarah Cyrenne and Luay Eljamal. Scottish Philosopher Wrote “The Theory of Moral Sentiments” Divided Moral Systems NATURE OF MORALITY Propriety Prudence Benevolence MOTIVE OF MORALITY Self-love Reason Sentiment Wrote “Wealth of Nations”

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Adam Smith 1723  - 1790

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  1. Adam Smith 1723  - 1790 Larissa Kresse, Sarah Cyrenne and Luay Eljamal

  2. Scottish Philosopher • Wrote “The Theory of Moral Sentiments” • Divided Moral Systems • NATURE OF MORALITY • Propriety • Prudence • Benevolence • MOTIVE OF MORALITY • Self-love • Reason • Sentiment • Wrote “Wealth of Nations” • Argued that Free Market Economy was the way to go!

  3. Ideology! • Individualist • Believed in free market economy • Believed in little to no interference from government • Collectivist • Believed that to some extent, individuals had an instinct to care for those around them as well. • Ex. Mother and her child. • His ideas lean more towards the Liberal Side (Right Wing)

  4. Why is this guy important? • He solidified capitalism/individualism through the publishing of his work: “The Wealth of Nations”. • This laid out the basis of most free market economies that exist today.

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