The man who indulges us in this natural passion, who invites us into his heart, who, as it were, sets open the gates of his breast to us, seems to exercise a species of hospitality more delightful than any other. No man, who is in ordinary good temper, can fail of pleasing, if he has the courage to utter his real sentiments as he feels them, and because he feels them.

Later Marxian economics descending from classical economics also use Smith's labour theories in part. In addition he was in favor of retaliatory tariffs and believed that they would eventually bring down the price of goods. According to Boswell he once told Sir Joshua Reynolds that 'he made it a rule when in company never to talk of what he understood'.

Adam Smith (5 June 1723 OS – 17 July 1790) was a Scottish moral philosopher and a pioneer of political economy. In 2009 Smith was named among the "Greatest Scots" of all time in a vote run by Scottish television channel STV. He died in 1790 at the age of 67.