His views are roughly as follows:
First, Adam Smith believes that labor is the greatest productive force, division of labor comes with production, and division of labor needs money, so money is the condition of natural exchange. Simply put, the boss needs employees to work, but at the same time, he should give employees some rewards as incentives.
The second is "On the Nature of Capital and Its Saving and Use", which mainly studies the nature, composition, accumulation and use of capital;
The third is "On the Different Development of Wealth in Different Countries";
Fourthly, Adam Smith believes that everyone should have private property and have the freedom to spend money, so everyone has the motivation to make money, which promotes the development of social literature. Adam Smith believes that the price of goods should be determined by the market, and only through the market can society be more efficient.
To sum up, Adam Smith's general view is that everyone should have the right to fair competition and maximize the distribution of social resources in the process of pursuing interests.
Adam Smith is a very famous economist. He has made outstanding achievements in the field of economics. At the same time, as a professor, he devoted himself to teaching and educating people. Adam Smith taught at Glasgow University and trained many famous students.
When Adam Smith was teaching in a university, most of the students he came into contact with were mediocre. On the contrary, those who are influenced by Adam Smith's theory have achieved great success in their respective fields.
Adam Smith's students can be deeply influenced by Adam Smith's theory and make brilliant achievements, mainly due to Adam Smith's enlightenment and his own efforts.