Adam Smith - The Philosopher Who Changed How We See The World

Adam Smith wasn’t just an economist—he was a philosopher who transformed our understanding of economics, morality, and human behavior. Born in 1723, his ideas still shape the world today. Smith believed that individuals acting in their own self-interest could create prosperity and harmony for society as a whole. His belief in economic freedom, the importance of morality in economics, and his insights into human nature laid the foundation for modern economic thought.
Smith’s famous work, The Wealth of Nations, emphasized the power of free markets and limited government intervention. Yet, his earlier work, The Theory of Moral Sentiments, showed that human empathy and fairness were crucial to a thriving society.
In this video, we explore how Smith’s life and ideas continue to influence the way we think about economics and society.
00:00 - Adam Smith – The Philosopher Who Changed How We See the World
00:07 - Introduction to Adam Smith
00:39 - Smith’s Academic Journey
01:03 - A Curious Mind and a Love for Ideas
01:44 - Morality and Economics
02:20 - A Champion of Freedom
03:03 - A Legacy That Endures