Panmure House is Adam Smith's only suviving home. In the heart of the UNESCO World Heritage Site of Edinburgh's Old Town, the house stands close to the Palace of Holyroodhouse and the Scottish Parliament, as well as Smith's tomb beside the Canongate Kirk and his modern statue in the High Street. Built around 1690, it was originally the town dwelling of Earls of Panmure, with Smith taking up residence there almost a century later in 1778.
In the late 18th century the house was a regular meeting place for Smith and his contemporaries - intellectual giants of the Scottish Enlightenment including David Hume, Adam Ferguson, James Watt, Francis Hutcheson and James Hutton. It became a chamber for debate on the latest academic thought; somewhere to challenge established beliefs and traditions. It was the birthplace of ideas that spurred the industrial revolution, and of innovative political and social-economic theories that shaped the emerging world far beyond Scotland.
Now Edinburgh Business School at Heriot-Watt University is bringing this exceptional building back to life. The restoration of Panmure House will once again provide a home for economic and social debate about sustainable capitalism. The 21st century Panmure House will bring the world to Scotland, just as Adam Smith took Scotland to the world.