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The book presents Adam Smith's groundbreaking economic theories from 1776, detailing principles of labor, supply and demand, and the division of labor. It explores the accumulation of wealth, lending practices, and the impact of economies on prosperity. Additionally, Smith advocates for free-market capitalism, establishing foundational concepts that continue to influence modern economic thought. Essential for students of economics, it highlights the enduring relevance of Smith's ideas in understanding economic systems.
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An Inquiry Into the Nature and Causes of the Wealth of Nations (Unabridged Edition), Adam Smith
- Language
- Released
- 2011
- product-detail.submit-box.info.binding
- (Hardcover with dust jacket)
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- Title
- An Inquiry Into the Nature and Causes of the Wealth of Nations (Unabridged Edition)
- Language
- English
- Authors
- Adam Smith
- Publisher
- Cosimo Classics
- Released
- 2011
- Format
- Hardcover with dust jacket
- Pages
- 1042
- ISBN13
- 9781602069015
- Category
- Business and Economics
- Description
- The book presents Adam Smith's groundbreaking economic theories from 1776, detailing principles of labor, supply and demand, and the division of labor. It explores the accumulation of wealth, lending practices, and the impact of economies on prosperity. Additionally, Smith advocates for free-market capitalism, establishing foundational concepts that continue to influence modern economic thought. Essential for students of economics, it highlights the enduring relevance of Smith's ideas in understanding economic systems.