Also found in: Encyclopedia.
Related to Smith Adam: von Bismarck
Smith(smĭth), Adam 1723-1790.
Scottish political economist and philosopher. His Wealth of Nations (1776) laid the foundations of classical free-market economic theory.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.