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An Inquiry Into the Nature and Causes of the Wealth of Nations: Vol. I

An Inquiry Into the Nature and Causes of the Wealth of Nations: Vol. I

Hardcover

Gifts & Stationery GeneralFiction AnthologiesGeneral World History

ISBN10: 1602069131
ISBN13: 9781602069138
Publisher: Cosimo Classics
Published: Nov 1 2007
Pages: 512
Weight: 1.72
Height: 1.31 Width: 5.50 Depth: 8.50
Language: English
Adam Smith revolutionized economic theory with his 1776 work An Inquiry to the Nature and Causes of the Wealth of Nations. He proposed rules governing labor, supply, and demand; and describes division of labor, stockpiling of wealth, lending, and interest. Smith also discusses how economies lead to opulence. Wealth of Nations also offers a defense for free-market capitalism. Any student of economics should be familiar with the concepts and laws that Smith developed, as much of economic theory is still based upon his work. Volume I of this two-volume set contains Book I, Book II, and Book III of the original manuscript. Scottish economist and philosopher ADAM SMITH (1723-1790) helped set standards in the fields of political economics and moral philosophy, playing a key role in the early development of the scholarship of economics. His other writings include Essays on Philosophical Subjects.

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