Part one of term paper
Among many other contributions to society, Adam Smith made an immense impact that is still evident today. In his Wealth of Nations, he concentrates on self-interest and its relation to both the economic and moral societies. Through this concentration he brings in value to create a harmony in society. He created an economic society based o ...

Part two of term paper
... He later was appointed professor of moral philosophy. Similar to Hume, Locke, and Newton, Smith focused on the function of the universe. He believed the universe to be a giant machine. This concept is called the mechanistic universe. In this universe, everything happens from physical laws, and reactions between cause and effect. A mechanist, like Smith, would understand no living being has a choice of the way it behaves. No one can predict the future for the present state of all matter is unk ...