Had it not been for Scottish philosopher and political economist Adam Smith the world would have definitely been a poorer place to live in. a towering figure in the history of economic thought, Adam Smith was a key figure of the Scottish Enlightenment who is best known for his book, the magnum opus of his life, ‘The Wealth of Nations’. He was the first political economist to pen a comprehensive system of political economy. His classic work which is now considered as the ‘Bible of capitalism’ set the first modern work of economics, and became a precursor to the modern adaptation of the academic discipline of economics. Through his book, he laid the foundation of the classical free market economic theory, a concept unknown to the world until then. The book went on to feature in the 100 Best Scottish Books of all time.Apart from his fiscal theory, Adam Smith was a great moral philosopher and pioneer of economic principles. His quotes till date stand relevant to the society’s glaring economic needs, moral principles and give a glimpse of the real factors that assure a better life and a happy future. Go through them and see for yourself.