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Book Cover for: The Wealth of Nations (Collector's Edition) (Laminated Hardback with Jacket), Adam Smith

The Wealth of Nations (Collector's Edition) (Laminated Hardback with Jacket)

Adam Smith

Collector's Edition Laminated Hardback with Jacket

In a world where trade, labor, and markets shape society's prosperity, this classic work dives into the forces that drive economic growth and development. The narrative explores the intricacies of commerce and the hidden mechanisms that govern supply, demand, and value, shedding light on how individuals' self-interest unintentionally promotes the public good. With keen insights into industries, monopolies, and the role of government, it reveals how nations flourish or falter based on the management of resources and the freedom of markets. Adam Smith's observations resonate beyond his time, offering a timeless analysis of wealth and human enterprise.

Widely regarded as the foundation of modern economics, The Wealth of Nations reshaped the world's understanding of markets and prosperity. Published in 1776, Adam Smith's work broke ground by revealing how the invisible hand of self-interest and competition drives wealth creation, shaping societies far beyond mere trade. His insights into labor, productivity, and the role of government challenged prevailing ideas and laid the groundwork for capitalism, influencing thinkers and policymakers for centuries. This masterful analysis remains a cornerstone in economics, its relevance enduring in today's complex, interconnected world.

Book Details

  • Publisher: Revive Classics
  • Publish Date: Nov 26th, 2024
  • Pages: 840
  • Language: English
  • Edition: undefined - undefined
  • Dimensions: 9.00in - 6.00in - 2.00in - 3.07lb
  • EAN: 9781998621606
  • Categories: Finance - Wealth ManagementEconomics - MacroeconomicsEssays

About the Author

Smith, Adam: - "Adam Smith (baptized June 16, 1723 - July 17, 1790) was a Scottish economist and philosopher known as a founding figure in political economy. His works, The Theory of Moral Sentiments (1759) and The Wealth of Nations (1776), laid the groundwork for modern economic thought. Smith's ideas remain central to discussions on capitalism and moral philosophy.Smith studied at the University of Glasgow and Oxford before giving influential public lectures in Edinburgh, where he formed a close association with philosopher David Hume. He went on to teach moral philosophy at Glasgow, publishing The Theory of Moral Sentiments. Later, he traveled across Europe as a tutor, gaining exposure to leading intellectual circles.In The Wealth of Nations, Smith introduced revolutionary ideas like the division of labor and the "invisible hand" of the market. He argued that individual self-interest could drive public prosperity, challenging the dominant mercantilist policies of his time. This work positioned Smith as a foundational thinker in the development of free-market economics."