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The Wealth of Nations (Collector's Edition) (Laminated Hardback with Jacket)
Hardcover
EconomicsInvesting & FinanceLetters & Essays
ISBN13: 9781998621606
Publisher: Revive Classics
Published: Nov 26 2024
Pages: 840
Weight: 3.07
Height: 2.00 Width: 6.00 Depth: 9.00
Language: English
In a world where trade, labor, and markets shape society's prosperity, this classic work dives into the forces that drive economic growth and development. The narrative explores the intricacies of commerce and the hidden mechanisms that govern supply, demand, and value, shedding light on how individuals' self-interest unintentionally promotes the public good. With keen insights into industries, monopolies, and the role of government, it reveals how nations flourish or falter based on the management of resources and the freedom of markets. Adam Smith's observations resonate beyond his time, offering a timeless analysis of wealth and human enterprise.
Widely regarded as the foundation of modern economics, The Wealth of Nations reshaped the world's understanding of markets and prosperity. Published in 1776, Adam Smith's work broke ground by revealing how the invisible hand of self-interest and competition drives wealth creation, shaping societies far beyond mere trade. His insights into labor, productivity, and the role of government challenged prevailing ideas and laid the groundwork for capitalism, influencing thinkers and policymakers for centuries. This masterful analysis remains a cornerstone in economics, its relevance enduring in today's complex, interconnected world.
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