The Wealth of Nations
In 'The Wealth of Nations', Adam Smith unveils the intricate dynamics of economics and its impact on society. He argues that free markets, driven by individual self-interest, can lead to unprecedented prosperity. Smith introduces the concept of the 'invisible hand,' suggesting that personal ambitions can benefit the collective good. This groundbreaking work lays the foundation for modern economics, challenging prevailing mercantilist ideas. Dive into Smith's insights to uncover how economic forces shape our world and influence our everyday lives.
By Adam Smith
Published: 2018
"The real tragedy of the poor is the poverty of their aspirations."
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What Readers Say About This Book
This seminal treatise on political economy and the foundation of the modern market economy was originally published in 1776. Its timeless views remain insightful and influential among politicians and economists.
About the Author
Adam Smith
Adam Smith was an influential Scottish economist, philosopher, and author known for his groundbreaking work in the field of political economy. He is best known for his seminal books, 'The Theory of Moral Sentiments' (1759) and 'An Inquiry into the Nature and Causes of the Wealth of Nations' (1776), which laid the foundations for classical economics and introduced concepts such as the division of labor and the invisible hand. Smith's writing style is characterized by its clarity, eloquence, and intellectual rigor, making complex economic theories accessible to a wider audience. His ideas have had a profound and lasting impact on economic thought and policy.
Book Details
Key information about the book.
- Authors
- Adam Smith
- Published
- November 2018
- Publisher
- N/A
- ISBN
- 1731703619
- Language
- English
- Pages
- 482
- Genres
- Global EconomicsBusiness and EconomicsEconomic PolicyBehavioral Economics
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“The real tragedy of the poor is the poverty of their aspirations.”
The Wealth of Nations
By Adam Smith
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