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...biography consists of little more than a professor's résumé: son of a collector of customs; student at Oxford; a popular lecturer at Edinburgh University; tutor to the young Duke of Buccleuch; full professor of logic and then of moral philosophy at Glasgow; and author in 1759 of a philosophical treatise, The Theory of Moral Sentiments. A bachelor, Smith relied on his mother and a maiden cousin to keep house; if any love affairs ever distracted him from his studies, they have gone unrecorded. "I am a beau in nothing but my books," he once remarked...

Author: /time Magazine | Title: Business: The Revolutionary of Oeconomy | 7/14/1975 | See Source »

...death at 67 in 1790, Smith certainly had that. The Wealth of Nations went through five editions in his lifetime at a price equivalent to $65 a copy-many thousands of copies a year are still sold today-and won him a comfortable sinecure as commissioner of customs in Edinburgh. He was able to tell his aristocratic former patron, Statesman Charles Peter Townshend (whose stepson he had tutored), that he no longer needed the heavy subsidy that Townshend had been paying him in order to get by. More important than the money were the plaudits of his fellow intellectuals...

Author: /time Magazine | Title: Business: The Revolutionary of Oeconomy | 7/14/1975 | See Source »

...deliberately low-key championship of the Common Market cause; he almost seemed intent on boring his countrymen into voting yes. The referendum campaign nevertheless caught fire in its final days, generating as much confusion as clarity. Pro-and anti-Marketeers continued to engage in what the Duke of Edinburgh called a "bout of statisticuffs." Each side drew upon the same meager data to make contradictory claims about the impact of EEC membership upon the British economy. While anti-Europeans argued that a yes vote would be the death knell for British sovereignty, former Prime Minister Edward Heath, a tireless...

Author: /time Magazine | Title: BRITAIN: Saying 'Yes' to Europe | 6/16/1975 | See Source »

After tomorrow's meet at Oxford the groups journeys to Birmingham. England for a runoff on June 15. The track and field at Edinburgh. Scotland, is the next destination and finally the team flies to Dublin, Ireland, to challenge the thinclads from the Emerald Isle...

Author: By Richard J. Doherty, | Title: Harvard-Yale Thinclads Face Oxford-Cambridge | 6/11/1975 | See Source »

...Diego odyssey aboard the privately owned Pennsylvania, are for the chosen few. Other trains that he recalls, now "annulled forever, the tracks torn up." include the old Boston, Revere Beach & Lynn, India's His Highness the Nizam's Guaranteed State Railway, and that sans pareil the London-Edinburgh Flying Scotsman, now privately owned by a wealthy English railroad...

Author: /time Magazine | Title: Books: Old School Ties | 12/9/1974 | See Source »

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