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SMITH, Adam

Published by London Printed for W. Strahan; and T. Cadell (1776)

Used Hardcover First Edition

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From: Heritage Book Shop, ABAA (Beverly Hills, CA, U.S.A.)

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Item Description: London Printed for W. Strahan; and T. Cadell, 1776. "The First and Greatest Classic of Modern Economic Thought" A Beautiful Clean Copy of Adam Smith's "Wealth of Nations" SMITH, Adam. An Inquiry into the Nature and Causes of the Wealth of Nations. London: Printed for W. Strahan; and T. Cadell, 1776. First edition. Two large quarto volumes (sheet size-10 13/16 x 8 3/8 inches; 275 x 213 mm.). [12], [1]-510, [2, blank]; [4], [1]-587, [1, advertisements] pp. Complete with half-title in Volume II (no half-title called for in Volume I), and the final blank leaf at the end of Volume I. Bound in contemporary mottled calf. Boards tooled with gilt boarder, and gilt floral corner devices. Spine densely stamped in gilt in compartments. With blue and green morocco gilt lettering labels. Gilt dentelles. Edges speckled blue. Marbled endpapers. Almost invisibly restored at outer hinges, and headcaps but not rebacked. A slight crease down the center of the spine of volume II. In volume II, pages 563-566 have been bound out of order, between pages 554 and 555, which is not entirely uncommon. A small closed marginal tear with no restoration to leaf 4A2, not affecting text. Overall a very clean, near fine set. Housed in a full tree calf clamshell, elaborately embellished in gilt. Adam Smith (1723-1790) spent ten years in the writing and perfecting of The Wealth of Nations. "The book succeeded at once, and the first edition was exhausted in six months.Whether it be true or not, as Buckle said, that the ‘Wealth of Nations’ was, ‘in its ultimate results, probably the most important that had ever been written’.it is probable that no book can be mentioned which so rapidly became an authority both with statesmen and philosophers" (D.N.B.). "The history of economic theory up to the end of the nineteenth century consists of two parts: the mercantilist phase which was based not so much on a doctrine as on a system of practice which grew out of social conditions; and the second phase which saw the development of the theory that the individual had the right to be unimpeded in the exercise of economic activity. While it cannot be said that Smith invented the latter theory.his work is the first major expression of it. He begins with the thought that labour is the source from which a nation derives what is necessary to it. The improvement of the division of labour is the measure of productivity and in it lies the human propensity to barter and exchange.Labour represents the three essential elements—wages, profit and rent—and these three also constitute income. From the working of the economy, Smith passes to its matter—‘stock’—which compasses all that man owns either for his own consumption or for the return which it brings him. The Wealth of Nations ends with a history of economic development, a definitive onslaught on the mercantile system, and some prophetic speculations on the limits of economic control.The Wealth of Nations is not a system, but as a provisional analysis it is complete convincing. The certainty of its criticism and its grasp of human nature have made it the first and greatest classic of modern economic thought" (Printing and the Mind of Man). Grolier, 100 English, 57. Kress 7261. Printing and the Mind of Man 221. Rothschild 1897. Sabin 82303. HBS 65988. $185,000. Bookseller Inventory # 65988

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Smith, Adam

Published by Printed for W. Strahan; and T. Cadell, London (1776)

Used Hardcover First Edition

Quantity Available: 1

From: Raptis Rare Books, ABAA/ ILAB (Brattleboro, VT, U.S.A.)

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Item Description: Printed for W. Strahan; and T. Cadell, London, 1776. First edition. Quarto, 2 volumes. Bound in full brown calf, elaborately gilt-decorated spines, red morocco spine labels. In near fine condition. Remarkably clean throughout with some light toning to the title page of volume one and small stamp on the half title page of volume II. An exceptional example of this landmark work. Adam Smith's masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. "The history of economic theory up to the end of the nineteenth century consists of two parts: the mercantilist phase which was based not so much on a doctrine as on a system of practice which grew out of social conditions; and the second phase which saw the development of the theory that the individual had the right to be unimpeded in the exercise of economic activity. While it cannot be said that Smith invented the latter theory.his work is the first major expression of it. He begins with the thought that labour is the source from which a nation derives what is necessary to it. The improvement of the division of labour is the measure of productivity and in it lies the human propensity to barter and exchange.Labour represents the three essential elements-wages, profit and rent-and these three also constitute income. From the working of the economy, Smith passes to its matter -'stock'- which encompasses all that man owns either for his own consumption or for the return which it brings him. The Wealth of Nations ends with a history of economic development, a definitive onslaught on the mercantile system, and some prophetic speculations on the limits of economic control.The Wealth of Nations is not a system, but as a provisional analysis it is complete convincing. The certainty of its criticism and its grasp of human nature have made it the first and greatest classic of modern economic thought" (PMM). Bookseller Inventory # 5760

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The Wealth of Nations: Smith, Adam

Smith, Adam

Published by W. Strahan; and T. Cadell, London (1776)

Used Unbound First Edition

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From: J and M Books Limited (Towcester, United Kingdom)

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Price: US$ 11,207.96
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Item Description: W. Strahan; and T. Cadell, London, 1776. Unbound. Book Condition: Fair. No Jacket. First Edition. Volume II only (of two). The binding, or what remains of it, would appear to be early nineteenth century, the front board is detached, but present, much of the spine is lacking, though the middle section with the labels remains, the rear board is present and attached. It is bound without the half-title, three sections of text have been neatly replaced in manuscript facsimile, presumably at the same time as the book was re-bound to judge by the uniform marbling to all edges of the text block. It is slightly foxed and age toned, not to mention being a little musty. The sections replaced are pages: 203-206, 267-270 and 507-510. There is a charming note, presumably from the original owner, tucked into the book, which reads: "Torn out I know not when I never lent the book except to Mr Webster". This plaintive protest echoes down the ages, striking a chord with any bibliophile who has ever lent a treasured volume and lived to rue it, a curse on "Mr Webster" and all his kind! One of the most important works ever committed to print, this single volume from the first edition is somewhat of a historical relic or a spare part, depending upon your point of view. It would be lovely to think that the missing volume I may at some point come to light, perhaps from one of Mr Webster's descendents, atoning for the sins of his ancestor, but it is quite a forlorn hope. Bookseller Inventory # 002590

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