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Biography Of Adam Smith
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"Bankruptcy is perhaps the greatest and most humiliating calamity which can befall an innocent man. The greater part of men, therefore, are sufficiently careful to avoid it. Some, indeed, do not avoid it; as some do not avoid the gallows." Adam Smith.
Adam Smith was a Scottish political economist and philosopher. The exact date of .... Middle of paper .... inefficiency and expensiveness is well brought out in his letters of this period:
Adam Smith to William Smith 'at the Duke of Argyle's House in Brutin St. Oxon: August 24, 1740.
Sir,
I yesterday receiv'd your letter with a bill of sixteen pounds enclos'd for which I humbly thank you, but more for the good advice you were pleas'd to give me. I am indeed afraid that my expenses at college must necessarily amount to a much greater ....
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Number of words: 909 Number of pages: 4 (approx. 250 words per double-spaced page)
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