Quick Search

Author
Title
Description
Keyword
 
 
Newsletters
Subscribe to our Out of Town mailing list
* indicates required
Subscribe to our Local mailing list
* indicates required
 
 
 
An Inquiry into the Nature and Causes of the Wealth of Nations (The Glasgow Edition of the Works & Correspondence of Adam Smith) Vol. 1 & 2, ADAM SMITH
Stock Image

Author:    ADAM SMITH

Title:   An Inquiry into the Nature and Causes of the Wealth of Nations (The Glasgow Edition of the Works & Correspondence of Adam Smith) Vol. 1 & 2

Binding:   Paper Back

Book Condition:   Used - Good

Publisher:    Liberty Fund Inc. March 1982

ISBN Number:    0865970084 / 9780865970083

Seller ID:   126377

Moderate cover wear and soiling, solid bindings, frequent underlining and highlighting in the text.

An Eighth Day View:

First published in 1776, the year in which the American Revolution officially began, Smith's "Wealth of Nations" sparked a revolution of its own. In it Smith analyzes the major elements of political economy, from market pricing and the division of labor to monetary, tax, trade, and other government policies that affect economic behavior. Throughout he offers seminal arguments for free trade, free markets, and limited government.Criticizing mercantilists who sought to use the state to increase their nations' supply of precious metals, Smith points out that a nation's wealth should be measured by the well-being of its people. Prosperity in turn requires voluntary exchange of goods in a peaceful, well-ordered market. How to establish and maintain such markets? For Smith the answer lay in man's social instincts, which government may encourage by upholding social standards of decency, honesty, and virtue, but which government undermines when it unduly interferes with the intrinsically private functions of production and exchange. Social and economic order arise from the natural desires to better one's (and one's family's) lot and to gain the praise and avoid the censure of one's neighbors and business associates. Individuals behave decently and honestly because it gives them a clear conscience as well as the good reputation necessary for public approbation and sustained, profitable business relations."

Price = 15.00 USD



Questions, comments, or suggestions
Please write to books@eighthdaybooks.com
Copyright©2016. All Rights Reserved.
Powered by ChrisLands.com

 

 

cookie