Archive · 3 Jan 2026

Adam Smith and American Independence

Adam Smith and American Independence

Adam Smith's book Wealth of Nations and American independence both happened 250 years ago in 2026.

Smith's book is very important for understanding how countries become rich.

He said the US was growing fast because of farming and trade.

The US became independent from Britain after years of struggle.

Smith's ideas were liked by some American leaders like Thomas Jefferson and James Madison.

But Alexander Hamilton, the first Treasury Secretary, disagreed with Smith and wanted the US to become more industrial.

People still debate how much Smith's ideas influenced the US.

It's interesting that in 2026, President Donald Trump will celebrate these anniversaries, even though his policies might go against some of the ideas from Smith and the early US leaders.

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