Adam Smith

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Adam Smith (June 16, 1723-July 17, 1790) was a Scottish political economist and philosopher who is considered the father of modern capitalism. He came up with the idea of the "invisible hand" of the free market, in which government is largely uninvolved in the economy and people reap the benefits of their hard work and innovation. Smith was born in Kirkcaldy and attended the the University of Glasgow at age fourteen and then attended Balliol College at Oxford until he graduated at the age of twenty-three.