The Wealth of Nations

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Foundational text on economics and free markets.

If you're intrigued by the historical underpinnings of modern economics, "The Wealth of Nations" could be an illuminating read for you. Smith's insights on commerce, industry, and the economic implications of political decisions are as relevant today as they were in the 18th century. Delve into this book to explore the origins of capitalist thought and its impact on today's world.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

The Wealth of Nations

Regular price
Unit price
per
Compare to estimated retail price: S$22.00  
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ISBN: 9780140436150
Publisher: Penguin Classics
Date of Publication: 2000-03-01
Format: Paperback
Related Collections: Business, Politics, History, Economics, Philosophy
Goodreads rating: 4.05
(rated by 171 readers)

Description

It is in Books IV and V of The Wealth of Nations that Adam Smith offers his considered response to the French Physiocrats, perhaps the first great school of economic theorists, and assesses the nature of the mercantile system, particularly the colonial relationship with America, whose achievements could have been even more spectacular if conditions of free trade and economic union had existed. Even on the eve of the Declaration of Independence, Smith famously predicted that America "will be one of the foremost nations of the world." It is also here that he develops the case for a limited state role in economic planning, notably to combat market failure and induce efficiency in areas such as education, public works, justice, and defense. His pioneering analysis still provides many subtle and penetrating insights into one of today's most vital and controversial policy debates.
 

Foundational text on economics and free markets.

If you're intrigued by the historical underpinnings of modern economics, "The Wealth of Nations" could be an illuminating read for you. Smith's insights on commerce, industry, and the economic implications of political decisions are as relevant today as they were in the 18th century. Delve into this book to explore the origins of capitalist thought and its impact on today's world.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.