Adam Smith's masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's Introduction both clarifies Smith's analyses and illuminates his overall relevance to the world in which we live. As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century--jobs, wages, politics, government, trade, education, business, and ethics."
Introduction by Robert Reich - Commentary by R. H. Campbell and A. S. Skinner - Includes a Modern Library Reading Group Guide
Robert Reich is Chancellor's Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. His books include The Work of Nations, Reason, Supercapitalism, and Aftershock.
Founded in 1914, The New Republic is a magazine of interpretation and opinion for a rapidly changing world.
Adam Smith’s “The Wealth of Nations” is replete with contradictory ideas. Accordingly, the book is a bit like the social and economic order that it would help shepherd into being, Kim Phillips-Fein writes. https://t.co/82AIOu22i1
Seeking truth and wisdom.
College professor said--"Think not that this country was founded on human ideals, but for economic reasons." Boston tea party--revolt of King's tax on tea. Book by Adam Smith, The Wealth of Nations, written in 1776. No way to make law become the way, the truth, and the life?
Take delight in things for themselves without reference to yourself… The chain of memory is resurrection.
Before Adam Smith wrote “The Wealth of Nations”, he wrote “The Theory of Moral Sentiments”. The Invisible Hand cannot work its Magic without human actors who strive to live virtuously according to a strong moral code. #Bitcoin is an Invisible Hand, and it needs virtuous users.