Adam Smith and Insurance

Adam Smith did not write about much about insurance but here are some thoughts and quotes that are connected. Adam Smith on Risk The contempt of risk, and the presumptuous hope of success, are in no period of life more active than at the age at which young people choose their professions. How little the… Continue reading Adam Smith and Insurance

Adam Smith’s Philosophy

Adam Smith was a Scottish moral philosopher with noteworthy contributions to political economy relating to how individuals make the market economy and free trade. However, at the core of his thinking, he was driven by a moral conviction to find how to improve society in a just way. He is considered the father of modern… Continue reading Adam Smith’s Philosophy