Woo! If BBC News 24 is to be believed, Adam Smith will replace Elgar on the Twenty Pound note from the middle of next year.
Nothing from Madsen and Co yet..... am sure they'll have something to say about it tomorrow :-)
I started reading Smith's "The Wealth of Nations" earlier this year. I found it pretty hard going and ground to a (temporary!) halt about half way through.
What I managed to read by that point, however, was astonishing... his insight into incentives and the nature of markets is as relevant today as it was when he wrote it.
What amazes me, however, is not how relevant he is but the extent to which people who should know better choose to ignore him.
[EDIT 2006-10-29 22:34 Report now on BBC online]