'I described Smith as a great economist, but he saw himself as a moral philosopher. His primary concern was not the functioning of markets, but the maximization of happiness.' -Dan Hannan
Smith is the most common surname in the British Isles, but no living Smith descends from the Scottish sage. He had no children, instead leaving behind two books which changed the world.
Smith believed that human beings had a natural sympathy with one another that led them to look beyond their immediate prosperity. He grasped that commerce, far from sundering people, draws them together into networks of mutual dependency. He explained why protectionism is always self-defeating. “By means of glasses, hotbeds, and hotwalls, very good grapes can be raised in Scotland, and very good wine too can be made of them at about thirty times the expense for which at least equally good can be brought from foreign countries.
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