British philosophy as "The Wealth of Nations", is considered his "magnum opus" and the first modern work of economics. Smith is widely cited as the father of modern economics. Smith studied moral philosophy at the University of Glasgow and the University of Oxford. After graduating, he delivered a successful series of public lectures at Edinburgh, leading him to collaborate with David Hume during the Scottish Enlightenment. Smith obtained a professorship at Glasgow teaching moral philosophy, and during this time he wrote and published "The Theory of Moral Sentiments". Jeremy Bentham (1748–1832) is well known for beginning the tradition of classical utilitarianism in
Jeremy Bentham Laws at University College London occupies Bentham House, next to the main UCL campus. Bentham's name was adopted by the Australian litigation funder IMF Limited to become Bentham IMF Limited on 28 November 2013, in recognition of Bentham being "among the first to support the utility of litigation funding". Ivan Vazov, national poet and man of letters of Bulgaria (then recently liberated from Ottoman rule, but divided by the Treaty of Berlin) refers to Bentham in his 1881 poem (in English: "People with Diplomas"). Jeremy Bentham Jeremy Bentham (; 15 February 1748 [O.S. 4 February 1747] – 6 June 1832)