Redefining wealth and nations: a radical view of how economies truly grow and whose interests they serve.
This classic economic work challenges conventional trade wisdom and argues that real national wealth comes from the product of skilled labor and intelligent management, not from exporting raw materials or chasing quick profits. It maps a bold theory of how nations can raise living standards by focusing on value created through brains, craftsmanship, and equitable exchange.
The book outlines a broad framework across five parts: the source of civilization and unrestricted liberty, the truth about wealth and national well‑being, and a detailed look at how wealth is produced, measured, and distributed. It then turns to international economics, the delusions of free trade, and a plan for reconstruction that centers national interests and skillful industry.
What you’ll experience
- A structured argument that wealth depends on mind, skill, and disciplined production, not just market prices.
- A critique of middlemen, unproductive handling of goods, and the idea that trade should support national welfare.
- Clear sections on production, wages, distribution, and the role of international trade in shaping living standards.
- A forward‑looking view on rebuilding economies with a focus on national value and sound policy.
Ideal for readers of classic economic theory, policy makers, and anyone seeking a principled critique of how wealth and nations relate to each other.