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- The Wealth of Nations - (Modern Library (Hardcover)) by Adam Smith (Hardcover)
The Wealth of Nations - (Modern Library (Hardcover)) by Adam Smith (Hardcover)
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The Wealth of Nations - (Modern Library (Hardcover)) by Adam Smith (Hardcover)
The Wealth of Nations is a groundbreaking book that revolutionized economic thought and laid the foundation for contemporary economics.
Written by Adam Smith, a Scottish professor of moral philosophy, this book is a must-read for anyone interested in understanding the principles of political economy.
With its unique blend of economics, political theory, history, philosophy, and practical programs, The Wealth of Nations offers insights into human self-interest and the natural order of the universe that are still relevant today.
Smith's conclusion that the best program is to leave the economic process alone and that government is useful only as an agent to preserve order and perform routine functions is now known as laissez-faire economics or noninterventionism.
This book also anticipated the significance of the division of labor and the correlation between a commodity's value and its labor input, making it a crucial read for anyone interested in understanding the principles of economic thought.
Don't miss out on this opportunity to gain a deeper understanding of the foundations of modern economics with The Wealth of Nations.
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