Wealth of Nations

Wealth of Nations

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Overview

Wealth of Nations by Adam Smith

Adam Smith (1723-1790) was one of the brightest stars of the eighteenth-century Scottish Enlightenment. An Inquiry into the Nature and Causes of the Wealth of Nations was his most important book. First published in London in March 1776, it had been eagerly anticipated by Smith’s contemporaries and became an immediate bestseller. That edition sold out quickly and others followed. Today, Smith’s Wealth of Nations rightfully claims a place in the Western intellectual canon.


It is the first book of modern political economy, and still provides the foundation for the study of that discipline.

But it is much more than that. Along with important discussions of economics and political theory, Smith mixed plain common sense with large measures of history, philosophy, psychology, sociology, and much else. Few texts remind us so clearly that the Enlightenment was very much a lived experience, a concern with improving the human condition in practical ways for real people. A masterpiece by any measure, Wealth of Nations remains a classic of world literature to be usefully enjoyed by readers today.

Product Details

ISBN-13: 9781848705647
Publisher: Wordsworth Editions, Limited
Publication date: 05/23/2013
Series: Classics of World Literature
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 750
File size: 2 MB

About the Author

Robert Reich is Chancellor’s Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. His books include The Work of Nations, Reason, Supercapitalism, and Aftershock.

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The Wealth of Nations 4.1 out of 5 based on 0 ratings. 29 reviews.
Uchtraeda More than 1 year ago
To sell an abridged edition without stating that is in fact abridged is, simply, fraud. I would like to read, and make up my own mind about as well as learn from, ALL of what Adam Smith wrote.
Anonymous More than 1 year ago
ABRIDGED
Guest More than 1 year ago
Nobody seriously involved in economics can do without this exhaustive work, originally published in five volumes as An Inquiry into the Nature and Causes of the Wealth of Nations. This classic is a pragmatic and accessible milestone in the history of economics. Its author, Adam Smith, is woven into every economics textbook. However, Smith¿s theories, which today often are recounted mostly in fragments, frequently incorrectly, reveal their entire social and economic innovative power only in context. Smith burst onto the scene at a time when absolutist national states monopolized the world's precious metal reserves and tried to increase their own wealth through stringent export policies. These states were motivated by an entirely new concept about national wealth: that it stemmed from the work of the country's people, not from gold. Based on that idea, economic markets should balance themselves as if guided by an 'invisible hand,' impelled by each individual's self-interest. The state has to provide only an orderly framework and specific public goods and services. Even though Smith's image of idealized economic and social harmony may have developed a few cracks over the course of time, his ideas have inspired many well-known economists during the past 250 years, including David Ricardo, Vilfredo Pareto, Friedrich August von Hayek and Milton Friedman. We highly recommend this seminal work.
Guest More than 1 year ago
Written by Adam Smith who was the founding father of capitalism. This book was the the historical book that changed the views of many people. This book is highly regarded in the economics community. I reccomend it for anyone who is interested in econ or capitalism. A must read for any thinkers.
DaedelusPrime More than 1 year ago
All you need to know.
reACTIONary More than 1 year ago
This is reprint's Edwin Cannan's extensively annotated 1904 scholarly edition. This is the edition reprinted by the University of Chicago Press in 1976 for the 200th anniversary of its original publication. You can be assured that this is the most widely accepted, standard academic edition. It does not contain Cannan's Introduction or Index. It does contain his Notes and Marginal Summary. Obviously it does not have the George J. Stigler's Preface from the UofC edition, but it contains an introduction by Robert Reich, commentary by R. H. Campbell and A. S. Skinner and a Modern Library "Reading Group Guide". Having looked over all of the edition's on the B&N site, I recommend this one as superior to the others, even if more expensive.
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RolfDobelli More than 1 year ago
getAbstract believes that no serious economist can do without this exhaustive work, originally published in five volumes as An Inquiry into the Nature and Causes of the Wealth of Nations. This classic is a pragmatic and accessible milestone in the history of economics. Its author, Adam Smith, is woven into every economics textbook. However, Smith's theories, which today often are recounted mostly in fragments, frequently incorrectly, reveal their entire social and economic innovative power only in context. Smith burst onto the scene at a time when absolutist national states monopolized the world's precious metal reserves and tried to increase their own wealth through stringent export policies. These states were motivated by an entirely new concept about national wealth: that it stemmed from the work of the country's people, not from gold. Based on that idea, economic markets should balance themselves as if guided by an "invisible hand," impelled by each individual's self-interest. The state has to provide only an orderly framework and specific public goods and services. Even though Smith's image of idealized economic and social harmony may have developed a few cracks over the course of time, his ideas have inspired many well-known economists during the past 250 years, including David Ricardo, Vilfredo Pareto and Milton Friedman.
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Regent More than 1 year ago
Very Informative. Insights proved to be accurate over time. This book helped me to form better conclusions and analysis of cultures for one of my books.
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Extremely tedious, laborious reading with somewhat outdated vernacular, but a must-read for those interested in the history of economic theory.
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