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Widely credited with laying the theoretical and philosophical foundations for capitalism, this work had an immediate impact on economic thinking, in light of its arguments for the freedom of trade. It presents a powerful blueprint for a stable and peaceful society which rests upon a hard-headed and realistic assessment of humans and their natures.
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The Wealth of Nations
by Adam Smith
It 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.
"Adam Smith's enormous authority resides, in the end, in the same property that we discover in Marx: not in any ideology, but in an effort to see to the bottom of things."
--Robert L. Heilbroner
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Book Description Sterling Publishing, 2004. Paperback. Condition: BRAND NEW. Seller Inventory # 0760757615_abe_bn
Book Description Barnes & Noble, 2004. Paperback. Condition: New. Seller Inventory # DADAX0760757615
Book Description Sterling Publishing, 2004. Condition: New. book. Seller Inventory # M0760757615
Book Description Condition: New. New. Seller Inventory # S-0760757615
Book Description Condition: New. New. Seller Inventory # M-0760757615