Inquiry into the Nature and Causes of the Wealth of Nations

Smith, Adam

ISBN 10: 1436662974 / ISBN 13: 9781436662970

Published by Kessinger Publishing, 2008

About this Item

Seller Inventory # 5698862-n

Bibliographic Details

• Title: Inquiry into the Nature and Causes of the Wealth of Nations
• Publisher: Kessinger Publishing
• Publication Date: 2008
• Language: English
• ISBN 10: 1436662974
• ISBN 13: 9781436662970
• Binding: Hardcover
• Condition: New

About this title

Synopsis

An Inquiry Into The Nature And Causes Of The Wealth Of Nations V2 (1789) is a book written by Adam Smith, a Scottish economist and philosopher. The book is a comprehensive study of the economic principles that govern the wealth and prosperity of nations. It is divided into five books, each dealing with a different aspect of economic theory. In Book I, Smith discusses the division of labor and its impact on productivity and efficiency. He also explores the concept of value and the role of markets in determining prices. In Book II, Smith examines the role of money in the economy and the factors that determine its value. He also discusses the international trade and the benefits of specialization and comparative advantage. In Book III, Smith focuses on the role of government in the economy, arguing that the government should limit its intervention in the market and allow it to function freely. In Book IV, Smith discusses the role of education and the importance of human capital in economic development. In Book V, Smith explores the concept of public finance and the role of taxation in funding government activities. Overall, An Inquiry Into The Nature And Causes Of The Wealth Of Nations V2 is a seminal work in the field of economics and has had a profound impact on economic theory and policy. It is widely regarded as one of the most influential books ever written on the subject of economics.In Three Volumes.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

About the Author

Adam Smith was born in a small village in Kirkcaldy, Scotland in 1723. He entered the University of Glasgow at age fourteen, and later attended Balliol College at Oxford. After lecturing for a period, he held several teaching positions at Glasgow University. His greatest achievement was writing The Wealth of Nations (1776), a five-book series that sought to expose the true causes of prosperity, and installed him as the father of contemporary economic thought. He died in Edinburgh on July 19, 1790.