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Description
The Wealth of Nations Author: Adam Smith
Product Details: ISBN: 9780140432084 Format: Paperback Pages: 576 Dims: 129mm x 129mm Pub Date: 25-02-82 Pub Country: United Kingdom Condition: NEW
Description: With this landmark treatise on political economy, Adam Smith paved the way for modern capitalism, arguing that a truly free market was the engine of a fair and productive society. Books I-III of The Wealth of Nations examine the division of labour as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money, the importance of wages, profit, rent and stocks. Smith's work laid the foundations of economic theory in general and classical economics in particular, but the real sophistication of his analysis derives from the fact that it also encompasses a combination of ethics, philosophy and history to create a vast panorama of society.
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