History of economic thought the "age of chivalry is dead, that of sophisters, economists and calculators has succeeded, and the glory of Europe is extinguished forever." Smith's contemporary influences included François Quesnay and Jacques Turgot whom he met on a visit to Paris, and David Hume, his Scottish compatriot. The times produced a common need among thinkers to explain social upheavals of the Industrial revolution taking place, and in the seeming chaos without the feudal and monarchical structures of Europe, show there was order still. Jeremy Bentham (1748–1832) was perhaps the most radical thinker of his time, and developed the concept of utilitarianism. Bentham
Meaning of life back as far as Epicurus, but, as a school of thought, it is credited to Jeremy Bentham, who found that "nature has placed mankind under the governance of two sovereign masters, pain and pleasure", then, from that moral insight, deriving the "Rule of Utility": "that the good is whatever brings the greatest happiness to the greatest number of people". He defined the meaning of life as the "greatest happiness principle". Jeremy Bentham's foremost proponent was James Mill, a significant philosopher in his day, and father of John Stuart Mill. The younger Mill was educated per Bentham's principles, including transcribing and