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Essay text:
His lectures covered the field of
ethics, rhetoric, jurisprudence and political economy. In 1759 he published his Theory of
Moral Sentiments, embodying some of his Glasgow lectures. This work was about those
standards of ethical conduct that hold society together, with emphasis on the general
harmony of human motives.
Smith moved to London in 1776, where he published An Inquiry into the Nature
and Causes of the Wealth of Nations, which examined in detail the consequences of
economic freedom. It covered such concepts as the role of self-interest, the division of
labor, the function of markets, and the international implications of a laissez-faire
economy...
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