Adam Smith's The Wealth of Nations: A modern-day interpretation of an economic classic

Adam Smith's The Wealth of Nations: A modern-day interpretation of an economic classic

by Karen McCreadie
     
 

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Published in 1776, Adam Smith’s The Wealth of Nations was the first comprehensive treatment of political economy. Today it is considered one of the most influential books ever written and its author is regarded as the father of classical economics. Smith did for economics what Darwin did for science. Here Karen McCreadie interprets this inspiring book for the

Overview

Published in 1776, Adam Smith’s The Wealth of Nations was the first comprehensive treatment of political economy. Today it is considered one of the most influential books ever written and its author is regarded as the father of classical economics. Smith did for economics what Darwin did for science. Here Karen McCreadie interprets this inspiring book for the modern day world of finance, business and economics, illustrating the timeless nature of Smith’s insights by bringing them to life with twenty-first century examples. Modern readers will discover: • How to improve productivity; • How to avoid divisive management; • Why you should pay your people well; • The importance of long-range thinking; • Why playing the lottery is no substitute for economic strategy. While we cannot know what Smith would have made of the excesses of capitalism we’ve already witnessed in the twenty-first century, the range of ideas inside demonstrates that The Wealth of Nations is every bit as relevant today as it was in 1776. This interpretation of Adam Smith’s The Wealth of Nations is not a substitute for the original. Its purpose is simply to illustrate the timeless nature of Smith’s insights by bringing them to life with contemporary examples. Given the continuing turbulence of the global economy this brilliant interpretation of a classic of political economy couldn’t be more timely.

Product Details

ISBN-13:
9781907755804
Publisher:
Infinite Ideas Ltd
Publication date:
06/19/2009
Series:
Infinite Success
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
128
File size:
2 MB

Meet the Author

Karen McCreadie has written books for business executives and international speakers on topics ranging from sales, coaching and wealth creation to the mind/body connection and psychological profiling. She is the author of Adam Smith’s The Wealth of Nations, Frank Bettger’s How I Raised Myself From Failure to Success, George S. Clason’s The Richest Man in Babylon, Napoleon Hill’s Think and Grow Rich, Robert Collier’s The Secret of the Ages and Sun Tzu’s The Art of War.

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