History of Economic Thought

Adam Smith and David Ricardo. Each had very interesting backgrounds; Smith was born in Scotland and raised by his mother in Kircaldy. He came to Balliol school at Oxford to study theology with the intent of evolving a clergyman. However, he changed his brain and addressed on law and rhetoric, as well as educated logic at the University of Glasgow. Eventually, he was chartered to tutor the child of the Rt. Honorable Charles Townsend, and explored Europe with the family. While in Toulouse, France for a tedious whole year, he wise about the French Physiocrats' idea of economics, ...