
Wealth of Nations
Adam Smith(Author)
Prometheus Books (Publisher)
Published on 1. February 1992
Book
Paperback/Softback
594 pages
978-0-87975-705-2 (ISBN)
Description
Political economy had been studied long before Adam Smith. But Wealth of Nations (1776) established it for the first time as a separate science. Smith based his arguments on vast historical knowledge, and developed his principles with remarkable clarity. What set this work apart was its statement of the doctrine of natural liberty. Smith believed that "man's self-interest is God's providence" - that if government abstained from interfering with free competition, the invisible hand of capitalism would emerge from the competing claims of individual self-interest. Industrial problems would be resolved and maximum efficiency reached. After more than two centuries, Smith's work still stands as the best statement and defense of the fundamental principles of capitalism.
More details
Series
Language
English
Place of publication
United States
Target group
College/higher education
Product notice
Paperback (trade)
Dimensions
Height: 213 mm
Width: 138 mm
Thickness: 32 mm
Weight
719 gr
ISBN-13
978-0-87975-705-2 (9780879757052)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
By Adam Smith