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The Wealth of Nationsby Adam SmithIt is symbolic that Adam Smith’s masterpiece of economic analysis, The Wealth of Nations, was first published in 1776, the same year as theDeclaration of Independence. In his book, Smith fervently extolled the simple yet enlightened notion that individuals are fully capable of setting and regulating prices for their own goods and services. He argued passionately in favor of free trade, yet stood up for the little guy.The Wealth of Nations provided the first--and still the most eloquent--integrated description of the workings of a market economy.The result of Smith’s efforts is a witty, highly readable work of genius filled with prescient theories that form the basis of a thriving capitalist system. This unabridged edition offers the modern reader a fresh look at a timeless and seminal work that revolutionized the way governments and individuals view the creation and dispersion of wealth--and that continues to influence our economy right up to the present day.
Provides a description and analysis of the inner workings of a market economy, presenting the fundamental principles of a capitalist system.
Genre: Business + Money Management
Sub-Genre: United States / Colonial Period (1600-1775), Economic Conditions, Economics / General, Economics / Theory
Publisher: Bantam Classic & Loveswept
Author: Adam Smith
Street Date: February 1, 2003
Item Number (DPCI): 248-76-8569