Name: Wealth of Nations
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Author: Adam Smith
ISBN: 9780553585971

Type

Physical Book

Author

Adam Smith

Introduction by

Alan B. Krueger

Publisher

Bantam Classics

Year

2003

Language

English

Pages

1264

Format

Paperback

Dimensions

17.7 x 10.9 x 5.1 cm

Weight

0.59 kg.

ISBN

0553585975

ISBN13

9780553585971

Edition No.

Synopsis "Wealth of Nations "

The Wealth of Nationsby 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

(Author)

View Author's Page

Adam Smith (1723-1790) was a Scottish economist and philosopher, considered the father of modern economics. His work falls within the essay and economic philosophy, highlighting his analysis of the free market and the division of labor. He studied at the University of Glasgow and Oxford, developing ideas that would influence economic liberalism.

Among his main works is An Inquiry into the Nature and Causes of the Wealth of Nations (1776), known as The Wealth of Nations, a fundamental treatise in classical economics. He also wrote The Theory of Moral Sentiments (1759), where he explores ethics and human sympathy. His legacy remains fundamental in current economic and political thought.

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