does anyone know anything about philosopher Adam Smith?

Answer 1

he came up with the invisible hand stuff...which is how supply and demand come to an equilibrium naturally in the free market.

Answer 2

Adam Smith (baptised June 5, 1723 O.S. / June 16 N.S. – July 17, 1790) was a Scottish moral philosopher and a pioneering political economist. One of the key figures of the intellectual movement known as the Scottish Enlightenment, he is known primarily as the author of two treatises: The Theory of Moral Sentiments (1759), and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter was one of the earliest attempts to systematically study the historical development of industry and commerce in Europe, as well as a sustained attack on the doctrines of mercantilism. Smith's work helped to create the modern academic discipline of economics and provided one of the best-known intellectual rationales for free trade, capitalism, and libertarianism.Now Adam Smith is on the front of the English £20 note.

Answer 3

Adam Smith was one of the first philosophers to understand and explain how the free market works. He explained that if people engage in voluntary buying and selling, each acting in their own self-interest, the result is that everyone benefits -- much more than they would in a centrally planned economy.

Answer 4

Yes, died in 1790 and was a pioneering political economist.