Adam Smith in the money

16th March 2007 at 00:00
ADAM SMITH College in Kirkcaldy Glenrothes has proved adept at trading yet again on the fame of its eponymous hero.

Mervyn King, the governor of the Bank of England, personally despatched to the college one of the pound;20 notes, below, put into general circulation this week to honour "the father of economics", the first Scot to feature on a banknote.

It was the 10th of the millions of notes printed, no doubt a numerical coincidence given the prime ministerial aspirations of the local MP - Chancellor Gordon Brown.

Mr Brown has been instrumental in bringing big-hitters to deliver the college's annual Adam Smith lecture - such as himself, Alan Greenspan, former head of the US Federal Reserve, and Mervyn King. When Mr King delivered the lecture last October, he announced that Adam Smith, who was born in Kirkcaldy where he began writing his epic Wealth of Nations 240 years ago this year, would be the first Scot to appear on a Bank of England note.

Craig Thomson, principal of the college, confessed it was a great surprise.

"Having Adam Smith appear on the pound;20 note is a very fitting tribute to his work. His influence on modern thinking is recognised throughout the world and, although he was born nearly 300 years ago, he is still making his mark in the world of finance. Not only was he a firm believer in education for all, he had strong beliefs in people and communities working together and this is what our college is all about."

Subscribe to get access to the content on this page.

If you are already a Tes/ Tes Scotland subscriber please log in with your username or email address to get full access to our back issues, CPD library and membership plus page.

Not a subscriber? Find out more about our subscription offers.
Subscribe now
Existing subscriber?
Enter subscription number

Comments

The guide by your side – ensuring you are always up to date with the latest in education.

Get Tes magazine online and delivered to your door. Stay up to date with the latest research, teacher innovation and insight, plus classroom tips and techniques with a Tes magazine subscription.
With a Tes magazine subscription you get exclusive access to our CPD library. Including our New Teachers’ special for NQTS, Ed Tech, How to Get a Job, Trip Planner, Ed Biz Special and all Tes back issues.

Subscribe now