The Wealth of Nations: An Inquiry into the Nature & Causes of the Wealth of Nations
The Wealth of Nationsby Adam SmithIt is symbolic that Adam Smith’s masterpiece of economic analysis, The Wealth of Nations, was first published in 1776, the same year as the Declaration of Independence. In his book, Smith fervently extolled the simple yet enlightened notion that individuals are... show more
The Wealth of Nationsby Adam SmithIt is symbolic that Adam Smith’s masterpiece of economic analysis, The Wealth of Nations, was first published in 1776, the same year as the Declaration of Independence. In his book, Smith fervently extolled the simple yet enlightened notion that individuals are fully capable of setting and regulating prices for their own goods and services. He argued passionately in favor of free trade, yet stood up for the little guy. The Wealth of Nations provided the first--and still the most eloquent--integrated description of the workings of a market economy.The result of Smith’s efforts is a witty, highly readable work of genius filled with prescient theories that form the basis of a thriving capitalist system. This unabridged edition offers the modern reader a fresh look at a timeless and seminal work that revolutionized the way governments and individuals view the creation and dispersion of wealth--and that continues to influence our economy right up to the present day.
Publish date: March 4th 2003
Publisher: Bantam Classics
Pages no: 1264
Edition language: English
AcknowledgementsIntroductionNote on the TextSelect BibliographyA Chronology of Adam Smith and His Times--An Inquiry into the Nature and Causes of the Wealth of Nations [Abridged]Explanatory Notes and CommentaryIndex
According to the introduction Adam Smith was the “first modern economist” and “widely credited with laying the theoretical and philosophical foundation for the modern free market system” and “commercial society." He famously wrote that "It is not from the benevolence of the butcher, the brewer, or t...
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