Unit 1: Adam Smith Financial English Adam Smith (1723-1790): A biographical Sketch ?Adam Smith was born in 1723 in the small seaport of Kirkcaldy, County Fife, Scotland. The man who was to become the champion of free trade was, ironically, the son of a customs collector. His father having died a few months before his birth, Smith was raised by his mother. At age four, he was kidnapped by a band of passing gypsies. His captivity was, however, shortlived. When pursued by Smith’s uncle a few hours later, the gypsies abandoned young Adam by the side of the road. From his earliest days, Smith d
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