First published in 1776, this work is the classic statement of economic liberalism or the policy of laissez-faire and is widely considered on of the hundred greatest books of all time. Several
fundamental principles or “axioms” were introduced in this work, including the division of labor, supply and demand, and free market capitalism as some of the most obvious. Smith’s political
economy is primarily individualistic: self-interest is the incentive for economic action. However, he shows that universal pursuit of self-interest contributes to the public interest, a concept
probably best encapsulated by John F. Kennedy when he remarked, “a rising tide raises all boats.”
Editorial Reviews
Editorial Reviews
“Simply the best book on political economy ever written. It is a genuine ‘breakthrough’ book whose magisterial scope and synthesis have not been surpassed.”
—Dr. Razeen Sally, senior lecturer, London School of Economics, and codirector of the European Center for Political Economy
“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, author of The Worldly Philosophers
“The Wealth of Nations is no defender of ‘greed is good’ economics; the author’s humanity and benevolence tint every page.” —Eamonn Butler, Director of the Adam Smith Institute
“Edwards enunciates with unusual clarity, which helps with a book published in 1776.” —Talking Book Review
AdamSmith (1723–1790) was born in a small village in Kirkcaldy, Scotland. 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 the University of Glasgow. His greatest achievement was writing The Wealth of Nations, a five-book series
that sought to reveal the true causes of prosperity and which established him as the father of contemporary economic thought.
Titles by Author
Details
Details
Format:
Retail CD
Format:
Library CD
Format:
MP3 CD
Available Formats :
Retail CD, Library CD, MP3 CD
Category:
Nonfiction/Business & Economics
Publisher:
Blackstone Publishing
Publisher:
Blackstone Publishing
Publisher:
Blackstone Publishing
CDs:
28
CDs:
28
CDs:
3
Runtime:
35.22
ISBN:
9781441745347
ISBN:
9781441745323
ISBN:
9781441745354
Audience:
Adult
Language:
English
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