The statue shows Smith in later life. Behind him is a ploughshare which reminds us of an economic doctrine from which Smith made great advances – the physiocrat doctrine that all wealth stemmed ultimately from agriculture. To his front is a beehive, a symbol of industry, topped by a globe on which Smith rests his hand - made invisible by his academic gown.
The two pictures below come from the blog posting A magnificent tribute by Madsen Pirie at the Adam Smith Institute blog. It was the Adam Smith Institute who organized the creation and funding of statue. The statue was funded by private donations.
Press coverage of the statue by the BBC is here, by the Scotsman here, the International Herald Tribune here, The Financial Times here, The Herald here, Bloomberg News here, The Courier here, the Galloway Gazette here, The Press Association here, The Times here and the Financial Post here.
Sunday, 6 July 2008
Posted by Paul Walker at 2:27 pm