Smith, Adam
An Inquiry into the Nature and Causes of the Wealth of Nations: v. 1 (Inquiry Into the Nature & Causes of the Wealth of Nations)
- ISBN 13:
- 9780865970069
- author:
- Smith, Adam
- format:
- Paperback
- publisher:
- Liberty Fund Inc
- language:
- English
- Publication Year:
- 1994
- Pages:
- 550
- Dimensions:
- 22.4 x 15.2 x 3.8 cm
- Genre:
- Economics Textbook
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
Adam Smith's Wealth of Nations is a foundational work in political economy that sparked a revolution in its own right. First published in 1776, this influential text analyzes key elements of economic behavior, including market pricing and the division of labor, as well as monetary and tax policies. Smith argues that a nation's wealth should be measured by the well-being of its people, rather than through the accumulation of precious metals. He advocates for free trade, free markets, and limited government intervention in economic matters. According to Smith, social and economic order arise from individual desires to improve their own circumstances and gain the respect of their peers. By understanding human nature and the social instincts that drive behavior, Smith offers a compelling vision for establishing and maintaining peaceful, well-ordered markets. This edition provides a comprehensive introduction to his ideas, making it an essential resource for anyone interested in economics and political philosophy.
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