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 influence on later generations of thinkers. Twentieth-century French philosopher Michel Foucault argued that the Panopticon was paradigmatic of several 19th-century "disciplinary" institutions. Bentham became convinced that his plans for the Panopticon had been thwarted by the King and an aristocratic elite acting in their own interests. It was largely because of his brooding sense of injustice that he developed his ideas of "sinister interest" – that is, of the vested interests of the powerful conspiring against a wider public interest – which underpinned many of his broader arguments for reform. More successful was his cooperation with Patrick Colquhoun in tackling