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Adam Smith: Scotland
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ADAM SMITH (1723-1790), English economist, was the only child of Adam Smith, comptroller of the customs at Kirkcaldy in Fifeshire, Scotland, and of Margaret Douglas, daughter of Mr Douglas of Strathendry, near Leslie. He was born at Kirkcaldy on the 5th of June 1723, some months after the death of his father. When he was three years old he was taken on a visit to his uncle at Strathendry, and when playing alone was carried off by a party of "tinkers." He was at once missed, and the vagrants pursued and overtaken in Leslie wood. He received his early education in the school of Kirkcaldy under David Miller, amongst whose pupils were many who were afterwards distinguished men. Smith showed great fondness for books and remarkable powers of memory; and he was popular among his schoolfellows.
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With effect from March 13, 2007, Smith's portrait appears on the reverse of the English £20 note. He is the first Scotsman to feature on currency issued by the Bank of England. His portrait ... features on £50 notes issued by the Clydesdale Bank. His economic philosophy and insights are upheld in Scotland by the Scottish National Party.
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Smith was a son of the controller of the customs at Kirkcaldy, Fife, Scotland. The exact date of Smith's birth is unknown, but he was baptized at Kirkcaldy on June 5, 1723, his father having died some six months previously. At around the age of 4, he was kidnapped by a band of Gypsies, but he was quickly rescued by his uncle and returned to his mother. Smith's biographer, John Rae, commented wryly that he feared Smith would have made "a poor Gypsy".[2] There is no record of Smith having any siblings.
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Smith was baptized on June 5, 1723, in Kirkcaldy, Scotland. It’s not known for certain, but presumed that he was either born on that very day, or a day or two before. Whichever date it was, he entered a world that his reason and eloquence would later transform.
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