Adam Smith was born in a small village in Kirkcaldy, Scotland in 1723. He entered the University of Glasgow at age fourteen, and later attended Balliol College at Oxford. After lecturing for a period, he held several teaching positions at Glasgow University. His greatest achievement was writing The Wealth of Nations (1776), a five-book series that sought to expose the true causes of prosperity, and installed him as the father of contemporary economic thought. He died in Edinburgh on July 19, 1790.

Laurence Dickey is Professor of History, University of Wisconsin at Madison.

Has all the basic chapters for the illustration of all the various (and contradictory) points anyone might want to make about the text. Dickey's own texts are invaluable. The introductions to the chapters are essential to make clear to students where they fit in the overall argument of the book. The appendices, though clearly the expression of the author's own views about the text, are admirably objective in the treatment of competing views, and represent an important contribution to Smith scholarship. --J. W. Smit, Columbia University