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The Wealth of Nations [Paperback] Adam Smith

Release date: 1 April 2018
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Discover the groundbreaking ideas and principles of modern economics in The Wealth of Nations by ... Read More

Product Description

Discover the groundbreaking ideas and principles of modern economics in The Wealth of Nations by Adam Smith. This seminal work examines the wealth creation process, the division of labor, and the market forces that shape economies, laying the foundation for the study of capitalism.

A definitive work on economics and capitalism!

  • Adam Smith's influential treatise on economics and capitalism
  • Explores concepts such as the invisible hand, division of labor, and market dynamics
  • Offers a comprehensive analysis of wealth creation, trade, and economic policies
  • A cornerstone of economic theory that shaped modern thinking on markets and capitalism
  • A must-read for students, economists, and anyone interested in understanding the foundations of modern economies

Product Details

Title: The Wealth of Nations [Paperback] Adam Smith
Author: Adam Smith
Publisher: Fingerprint! Publishing
SKU: BK0415873
EAN: 9789387779464
Number Of Pages: 1144
Language: English
Binding: Paperback
Country Of Origin: India
Release date: 1 April 2018

About Author

Adam Smith (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish moral philosopher, pioneer of political economy, and a key figure in the Scottish Enlightenment. Smith is best known for two classic works: The Theory of Moral Sentiments (1759), and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. Smith is cited as the father of modern economics and is still among the most influential thinkers in the field of economics today. Smith studied social philosophy at the University of Glasgow and at Balliol College, Oxford, where he was one of the first students to benefit from scholarships set up by fellow Scot, John Snell. 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. In his later life, he took a tutoring position that allowed him to travel throughout Europe, where he met other intellectual leaders of his day. Smith laid the foundations of classical free market economic theory. The Wealth of Nations was a precursor to the modern academic discipline of economics. In this and other works, he expounded upon how rational self-interest and competition can lead to economic prosperity. Smith was controversial in his own day and his general approach and writing style were often satirised by Tory writers in the moralising tradition of William Hogarth and Jonathan Swift. In 2005, The Wealth of Nations was named among the 100 Best Scottish Books of all time. The minor planet 12838 Adamsmith was named in his memory. Bio from Wikipedia, the free encyclopedia. Photo by unknown artist [Public domain], via Wikimedia Commons.

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