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The Wealth of Nations

ebook

The 18th century isn't known for the brevity of its book titles, as is the case with Adam Smith's massively influential Inquiry into the Nature and Causes of the Wealth of Nations. Before the terms capitalism or even economics were coined, Smith, a moral philosopher from Scotland, laid out the essential laws governing the markets of the world. Smith suggested the free market is guided by a so-called "invisible hand," which produces the right amount of goods and services a society needs through self-interested competition. Later Smith's ideas would be massaged to fit various ideologies, but on the whole he was anti-monopoly and wary of businessmen as a rule. Despite all the complexities of modern economic theory that it influenced, Wealth of Nations is still a straightforward, enlightening and enjoyable read.


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Publisher: Sheba Blake Publishing

OverDrive Read

  • ISBN: 9781304877017
  • Release date: March 21, 2014

EPUB ebook

  • ISBN: 9781304877017
  • File size: 796 KB
  • Release date: March 21, 2014

Formats

OverDrive Read
EPUB ebook

subjects

Politics Nonfiction

Languages

English

The 18th century isn't known for the brevity of its book titles, as is the case with Adam Smith's massively influential Inquiry into the Nature and Causes of the Wealth of Nations. Before the terms capitalism or even economics were coined, Smith, a moral philosopher from Scotland, laid out the essential laws governing the markets of the world. Smith suggested the free market is guided by a so-called "invisible hand," which produces the right amount of goods and services a society needs through self-interested competition. Later Smith's ideas would be massaged to fit various ideologies, but on the whole he was anti-monopoly and wary of businessmen as a rule. Despite all the complexities of modern economic theory that it influenced, Wealth of Nations is still a straightforward, enlightening and enjoyable read.


Expand title description text