The Wealth of Nations (Paperback)

The Wealth of Nations By Adam Smith, Edwin Cannan (Editor) Cover Image
By Adam Smith, Edwin Cannan (Editor)
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First published in 1776, The Wealth of Nations is considered the seminal work on political economy. Its author, Adam Smith, formulated the basic but groundbreaking concept that the natural human inclination toward self-interest results in prosperity. His passionate arguments in favor of free trade, rather than stringent government regulations, posit that individuals are entitled to set and regulate prices for their own goods and services.
Smith's masterpiece of economic analysis was regarded as revolutionary upon its initial publication, and it continues to exert an active influence on modern politicians and economists. Rich in historical background and acute observations of the eighteenth-century, the book is also an insightful work of political philosophy. Witty and highly readable, it abounds in prescient theories that form the basis of today's capitalist system.

About the Author

A Scottish professor of moral philosophy, Adam Smith (1723-90) combined economics, history, political theory, and philosophy to create this treatise on what has come to be known as laissez-faire economics.

Product Details
ISBN: 9780486833897
ISBN-10: 0486833895
Publisher: Ixia Press
Publication Date: July 17th, 2019
Pages: 1024
Language: English