Adam Smith<span> was a Scottish philosopher who became a political economist in the midst of the Scottish Enlightenment. He is best known for writing "The Theory of Moral Sentiments" (1759) and "An Inquiry into the Nature and Causes of the Wealth of Nations" (1776).</span>
Because the American news industry is dependent on advertising revenues to function and make a profit, decisions about news items may depend on how entertaining it is.