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First published in 1776, The Wealth of Nations is generally regarded as the foundation of contemporary economic thought. Adam Smith, a Scottish professor of moral philosophy, expounded the then-revolutionary doctrine of economic liberalism. The book’s importance was immediately recognized by Smith’s peers, and later economists have shown an unusual consensus in their admiration for his ideas.
Combining economics, political theory, history, philosophy, and practical programs, Smith assumes that human self-interest is the basic psychological drive behind economics and that a natural order in the universe makes all the individual, self-interested strivings add up to the social good. His conclusion, that the best program is to leave the economic process alone and that government is useful only as an agent to preserve order and to perform routine functions, is now known as laissez-faire economics or noninterventionism.
In noting for the first time the significance of the division of labor and by stating the hypothesis that a commodity’s value correlates to its labor input, Smith anticipated the writings of Karl Marx. Like Marx’s Das Capital and Machiavelli’s The Prince, his great book marked the dawning of a new historical epoch.
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"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
Adam Smith was born in a small village in Kirkcaldy, Scotland in 1723. 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 Glasgow University. His greatest achievement was writing The Wealth of Nations (1776), a five-book series that sought to expose the true causes of prosperity, and installed him as the father of contemporary economic thought. He died in Edinburgh on July 19, 1790.
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Descrizione libro Modern Library, 1994. Hardcover. Condizione: new. Codice articolo 9780679424734
Descrizione libro Condizione: New. . Codice articolo 533ZZZ00C1Z3_ns
Descrizione libro Modern Library 1/25/1994, 1994. Hardback or Cased Book. Condizione: New. The Wealth of Nations. Book. Codice articolo BBS-9780679424734
Descrizione libro Modern Library. Condizione: New. BRAND NEW, GIFT QUALITY! NOT OVERSTOCKS OR MARKED UP REMAINDERS! DIRECT FROM THE PUBLISHER!|VCF. Codice articolo OTF-S-9780679424734
Descrizione libro Modern Library, 1994. Hardcover. Condizione: BRAND NEW. Codice articolo 0679424733_abe_bn
Descrizione libro Hardcover. Condizione: New. Hardcover. But, as Andrew Skinner reveals in his introduction to this edition, the real sophistication of The Wealth of Nations lies less in individual areas of economic analysis than in its overall .Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 1200 pages. 1.100. Codice articolo 9780679424734
Descrizione libro Modern Library, 1994. Condizione: New. A+ Customer service! Satisfaction Guaranteed! Book is in NEW condition. Codice articolo 0679424733-2-1
Descrizione libro Random House USA Inc, United States, 1994. Hardback. Condizione: New. Language: English. Brand new Book. But, as Andrew Skinner reveals in his introduction to this edition, the real sophistication of "The Wealth of Nations" lies less in individual areas of economic analysis than in its overall picture of a vast analytical system--a capitalist economy--in which all the parts can be seen simultaneously interacting with each other. In addition, Smith's view of society was not merely an economic one. "The Wealth of Nations" is far from being an apologia for unregulated business enterprise: Smith was at pains to point out that economic advance can have undesirable social consequences, and that labour which is economically unproductive can be beneficial to society at large. Codice articolo AA99780679424734
Descrizione libro Modern Library, 1994. Hardcover. Condizione: New. Codice articolo DADAX0679424733
Descrizione libro Condizione: New. . Codice articolo 52YZZZ00CHVP_ns