How did Adam smith become famous?

Answer 1

Adam Smith became famous primarily for his influential work "The Wealth of Nations," published in 1776, which laid the foundations for modern economics and introduced key concepts such as the division of labor and the invisible hand. His ideas championed free markets and minimal government intervention, profoundly shaping economic thought. Additionally, his earlier work, "The Theory of Moral Sentiments," explored the nature of ethics and human behavior, further solidifying his reputation as a leading thinker of the Enlightenment. Smith's contributions continue to resonate in economic theory and policy today.