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Wealth of Nations
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Product Details
Author:
Adam Smith
Format:
Paperback
Pages:
594
Publisher:
Globe Pequot Publishing (December 1, 1991)
Language:
English
ISBN-13:
9780879757052
ISBN-10:
0879757051
Case Pack:
14
File:
Eloquence-SimonSchuster_06032026_P10163223_onix30_Complete-20260603.xml
As low as:
$22.29
List Price:
$28.95
Publisher Identifier:
P-SS
Discount Code:
A
Weight:
23.49oz
Dimensions:
5.45" x 8.37" x 1.4"
Series:
Great Minds Series
Audience:
General/trade
Pub Discount:
65
Imprint:
Prometheus
Folder:
Eloquence
Overview
Political economy had been studied long before Adam Smith. But Wealth of Nations (1776) established it for the first time as a separate science. Smith based his arguments on vast historical knowledge, and developed his principles with remarkable clarity. What set this work apart was its statement of the doctrine of natural liberty. Smith believed that "man's self-interest is God's providence" - that if government abstained from interfering with free competition, the invisible hand of capitalism would emerge from the competing claims of individual self-interest. Industrial problems would be resolved and maximum efficiency reached. After more than two centuries, Smith's work still stands as the best statement and defense of the fundamental principles of capitalism.
