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Locke, Newton & Smith, Adam Smith (1723-1790), John Locke (1631…
Locke, Newton & Smith
Adam Smith
(1723-1790)
The Georgian era
Social philospher
Political economist
Division of labor
Presence of an "inner man"
Competition, capitalism, free market
"An Inquiry into the Nature and Causes of the Wealth of Nations" (1776)
Father of modern economics
Argued against mercantilism
Undesirable jobs = higher wages
The Invisible Hand Theory
Everybody looks out for themselves
"The Wealth of Nations"
genesis for the concept of GDP
Before gold and silver deposits
Voice impossible to disregard
Example of pins
John Locke
(1631-1704)
**
Philosopher
Pioneered ideas of:
The Stuart era
Empiricism
Opposed to authoritanism
"An Essay Concerning Human Understanding"
Politics
No innate knowledge
Limited government
Natural rights
Social contract
Religious toleration
The right to revolution
Essential to American Revolution & the U.S. Constitution
Sir Isaac Newton
(1642-1727)
Mathematician
The Stuarts & Georgians
Discoveries in optics
Three laws of motion
Discoveries in mathematics (calculus)
"Philosophiae Naturalis Principia Mathematica" (1687)
Many statues & monuments
Outside the British Library
Trinity College Chapel
Framework of the Scientific Revolution
Important in the history of modern science
Inspired many scientists
Knighted by Britain's Queen Anne
