Par for the course for many who mention Adam Smith. Another classic libel is bringing up his name in cases of gross misconduct by a business or a businessman, but he was very critical of the excesses of merchants. Smith was a moral philosopher first and an accidental economist second.
Yes! As a beginner-level, amateur armchair economist who hated philosophy class in high school, I have to admit I was surprised to learn about this when reading https://store.abramsbooks.com/products/economix by Michael Goodwin. The book overall seems to lean liberal whenever there's a political choice to be made, and yet it paints Adam Smith in a much more positive light that one would imagine, if all you've learned about him is the criticism of today's political left.
A really fun book, also!