The Wealth of Nations (Barnes & Noble Library of Essential Reading) by Adam Smith

The Wealth of Nations (Barnes & Noble Library of Essential Reading) by Adam Smith

Widely credited with laying the theoretical and philosophical foundations for capitalism, this work had an immediate impact on economic thinking, in light of its arguments for the freedom of trade. It presents a powerful blueprint for a stable and peaceful society which rests upon a hard-headed and realistic assessment of humans and their natures.

Smith, Adam: - Adam Smith (16 June 1723 - 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism.'' Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage. Smith studied social philosophy at the University of Glasgow and at Balliol College, Oxford. After graduating, he delivered a successful series of public lectures at the University of Edinburgh, leading him to collaborate with David Hume during the Scottish Enlightenment. Smith obtained a professorship at Glasgow, teaching moral philosophy and during this time, wrote and published The Theory of Moral Sentiments. In his later life, he took a tutoring position that allowed him to travel throughout Europe, where he met other intellectual leaders of his day. Smith laid the foundations of classical free market economic theory. The Wealth of Nations was a precursor to the modern academic discipline of economics. In this and other works, he developed the concept of division of labour and expounded upon how rational self-interest and competition can lead to economic prosperity. Smith was controversial in his own day and his general approach and writing style were often satirised by writers such as Horace Walpole.

SKU	Unavailable
ISBN 13	9780760757611
ISBN 10	0760757615
Title	The Wealth of Nations (Barnes & Noble Library of Essential Reading)
Author	Adam Smith
Series	Barnes And Noble Library Of Essential Reading
Condition	Unavailable
Binding Type	Paperback
Publisher	Union Square & Co.
Year published	2004-06-17
Number of pages	544
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable