Adam smith is probably the second best thing to come out of scotland. The first isnt golf. But you man know about his famous book, the wealth of nations. You may know he was a free trader and he may have heard of the invisible hand. What i want to talk about tonight is smiths other boat, the theory of moral sentiments i want to give you an insight into his economics and apply them to modern life. What i want to do tonight is give you an idea of what adam smith can teach us about ourselves and the world around us. I want to start with the story, i was in london last week, i think it was last week. It was this year for sure. It was a whirl wind trip. Had a great time. Never been in london before. I gave a talk at a place called the will society of arts. The Royal Society of arts is very old. The use to be called the Royal Society for encouraging manufacturing, the arts and commerce. Now is called the Royal Society of arts and it is to create creativity and ideas and it is a wonderful pla
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