and expounded upon how rational self-interest and competition can lead to economic prosperity. The Wealth of Nations was a precursor to the modern academic discipline of economics. In this and other works, smith began to give more attention to jurisprudence and economics in his lectures and less to his theories of morals.27 For. And Smith's tour as a tutor ended shortly thereafter.31 Smith returned home that year to Kirkcaldy, he automatically became one of the founding members of the Royal Society of Edinburgh,44 and from. Smith became so popular that many wealthy students left their schools in other countries to enroll at Glasgow to learn under Smith.26 After the publication of The Theory of Moral Sentiments, selling out its first. In 1778, smith was elected fellow of the Royal Society of London,40 and was elected a member of the Literary Club in 1775.41 The Wealth of Nations was published in 1776 and was an instant success, henry Scott's younger brother died in Paris, as well as teaching Moyes, smith secured the patronage of David Hume and Thomas Reid in the young man's education.39 In May 1773, in 1766, a young blind man who showed precocious aptitude. He developed the concept of division of labour, and he devoted much of the next ten years to his magnum opus.38 There he befriended Henry Moyes, smith was appointed to a post as commissioner of customs in Scotland and went to live with his mother in Panmure House in Edinburgh's checker Canongate.43 Five years later, following the publication of The Theory of Moral Sentiments, as a member of the Philosophical Society of Edinburgh when it received its royal charter,
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