June 5 2023 marks the 300th anniversary of the birth of Adam Smith, the 18th-century British economist widely hailed as the father of modern economics.
Born in Kirkcaldy, on the east coast of Scotland, Smith studied at the University of Glasgow and at Balliol College, Oxford (which he didn’t think highly of), before becoming a professor of moral philosophy at Glasgow. He was a quiet, unassuming man, only travelling when he accompanied a student on a tour of Europe in the 1760s. He died in Edinburgh in 1790.