The Wealth of Nations The Enlightenment period of European philosophical advancement created many sparks for modern thought and reason. Few thinkers however, have created as much polarization and changes to way in which people live and think then Adam Smith (Robbins). For a lack of a better term, Adam Smith was the architect of modern capitalism (Robbins). Although Adam Smith did use historical precedence and contemporary issues and concerns of his time, Smith’s own personal views and desires for society were the propelling factors of his economic theories and writings of the most effective way of life. Smith was a member of the European aristocracy and this directly affected his views and assumptions about human nature and the motivations...The end:
.....he face of the Earth, and each piece of the new has come at a great cost. The Wealth of Nations’ greatest impact was to force people to examine what they wanted for their lives and how they wished to achieve it and how they feel they should interact with the world and people around them and what role the rest of the world should play in their lives (Robbins). It is not true that any one form of government or economy ought to work best for all people, Smith believed that wealth for some would create wealth for all, but the truth is that most simply never see any (Robbins). Works Cited Robbins, Lionel. A History of Economic Thought. Princeton: Princeton University Press, 1998. Smith, Adam. The Wealth of Nations. England:The Aldin Press, 1957.