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Adam Smith regarded The Theory of Moral Sentiments as far more important than his most famous work The Wealth of Nations. He devoted most of his life to revising and improving The Theory of Moral Sentiments. In this book, beginning with human sympathy, Smith comprehensively and systematically discusses a set of concepts, such as good and evil, justice, beneficence, prudence, and self-denial. He believed that sympathy is the origin of all ethics such as justice, beneficence, and self-denial.
Adam Smith was a famous British economist and ethicist in the 18th century, known as “The Father of Economics.” He was also a professor at the University of Glasgow. Smith’s legacy consists of two classics: The Theory of Moral Sentiments and The Wealth of Nations. The former is a work on ethics that upon publication made Smith a big figure in academia. The latter is a work on economics, and its publication signified the birth of economics as an independent discipline.
