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The Wealth of Nations : Books I - III - Adam Smith

The Wealth of Nations

Books I - III

Paperback

Published: July 1982
For Ages: 18+ years old
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'It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.'

With this landmark treatise on political economy, Adam Smith paved the way for modern capitalism, arguing that a truly free market – fired by competition yet guided as if by an 'invisible hand' to ensure justice and equality – was the engine of a fair and productive society. Books I-III of The Wealth of Nations examine the 'division of labour' as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money and the importance of wages, profit, rent and stocks. Smith's work laid the foundations of economic theory in general and 'classical' economics in particular, but the real sophistication of his analysis derives from the fact that it also encompasses a combination of ethics, philosophy and history to create a vast panorama of society.

About The Author

Adam Smith (1723-1790) was born in Glasgow and after being educated in Glasgow and Oxford, he held a number of academic posts before becoming tutor to the young Duke of Buccleuch. This post took him to France where he began writing his political treatise, The Wealth of Nations.

Prefacep. 3
Adam Smithp. 4
Abbreviations and Referencesp. 7
Analytical Introductionp. 8
Notes to the Introductionp. 86
The Wealth of Nations, Books I-IIIp. 99
Further Readingp. 521
Indexp. 523
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780140432084
ISBN-10: 0140432086
Series: Penguin Classics
Audience: General
For Ages: 18+ years old
Format: Paperback
Language: English
Number Of Pages: 576
Published: July 1982
Dimensions (cm): 19.7 x 12.8  x 2.5
Weight (kg): 0.38
Edition Number: 1