Ian Simpson Ross

in The Life of Adam Smith

Published in print October 1995 | ISBN: 9780198288213
Published online November 2003 | e-ISBN: 9780191596827 | DOI:

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Adam Smith was baptized on 5 June 1723 in the Fife seaport of Kirkcaldy, where his father, who died on 9 January 1723, had served as Comptroller of Customs. Father Adam Smith studied the liberal arts in Aberdeen, took legal training in Edinburgh qualifying him for estate management, and became secretary to a Campbell magnate. He hesitated about taking up a Customs post in Kirkcaldy, because his income there depended on volume of trade, which was falling off. However, he handled his money well, and married the daughter of a substantial Fife laird. His Will specified that his widow, Margaret Douglas, would get help in raising young Adam from guardians associated with intellectual and economic improvement in Scotland.

Keywords: Customs; father; improvement; money; trade

Chapter.  8644 words. 

Subjects: History of Economic Thought

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