Adam Smith Quotes
Mercy to the guilty is cruelty to the innocent.
Adam Smith, 1723-1790, Scottish Political Economist, “The Theory of Moral Sentiments” II.ii.3
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Unfortunately, his close successors did not share Alexander’s surprisingly modern view.
Adam Smith FRSA was a Scottish economist, philosopher as well as a moral philosopher, a pioneer of political economy, and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism''. Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage.
