and cast in bronze, by Alexander Stoddart, this imposing statue of
Adam Smith, philosopher and father of modern economics thinking, faces
down the high street towards his home town of Kircaldy in fife across
the river Forth. It was unveiled on 4th July 2008.
work examined the freedom of economic association - laissez-faire
- and its consequences for nations and politics. It was instantly
influential and has never been out of print.
Despite his serious and stern expression he was a likeable man, fond of socialising and entertaining, he was good friends with fellow philodopher David Hume. His temper could be aroused however and in an argument with Samuel Johnson who called him a "liar", he retorted, calling his opponent "a brute and son of a bitch".
Although he is known to have several affairs, he never married or had any children.
He died in Edinburgh on July 17th 1790.