Smith statue set to be unveiled in city
A STATUE of Adam Smith will be unveiled on the Royal Mile outside St Giles Cathedral.
Nobel Prize-winning economist Vernon Smith will unveil the statue on Friday, before a reception in the city chambers.
It is the first public statue to the man called the "father of economics", who was a key figure in the Scottish Enlightenment. He lived and was buried in Edinburgh.
The 20-foot statue was shaped by the Paisley-based sculptor Sandy Stoddard, who also created the David Hume statue on the Royal Mile
Dr Eamonn Butler, director of the Adam Smith Institute, organised a fundraising campaign to meet its 250,000 cost. The ceremony is part of a series of events to celebrate Smith's life. Lord Michael Forsyth, the former Scottish Secretary, will be taking part in a debate about his work in the Capital.
The institute is also planning an annual Adam Smith day in the city.
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Weather for Edinburgh
Friday 17 February 2012
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