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An Inquiry into the Nature and Causes of the Wealth of Nations - Softcover

 
9781484963289: An Inquiry into the Nature and Causes of the Wealth of Nations
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It is poignant that Adam Smith’s masterpiece of economic analysis, An Inquiry into the Nature and Causes of the Wealth of Nations, was first published in 1776, the same year as the Declaration of Independence.

In his book, Smith fervently extolled the simple yet enlightened notion that individuals are fully capable of setting and regulating prices for their own goods and services. He argued passionately in favor of free trade, yet stood up for the little guy. An Inquiry into the Nature and Causes of the Wealth of Nations provided the first--and still the most eloquent--integrated description of the workings of a market economy.

The result of Smith’s efforts is a witty, highly readable work of genius filled with sagacious theories that form the basis of a burgeoning capitalist system. This is both a timeless and seminal work that revolutionized the way governments and individuals view the creation and dissemination of wealth--and that continues to influence our economy right up to the present day.

(cover image courtesy of Robert Proksa)

Biografía del autor:
Adam Smith (1723–1790) was a Scottish moral philosopher and a pioneer of political economy. One of the key figures of the Scottish Enlightenment, Smith is the author of The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations. The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. Adam Smith is widely cited as the father of modern economics. Smith studied moral philosophy at the University of Glasgow and Oxford University. After graduating he delivered a successful series of public lectures at Edinburgh, leading him to collaborate with David Hume during the Scottish Enlightenment. Smith obtained a professorship at Glasgow teaching moral philosophy, and during this time wrote and published The Theory of Moral Sentiments. In his later life he took a tutoring position which allowed him to travel throughout Europe where he met other intellectual leaders of his day. Smith returned home and spent the next ten years writing The Wealth of Nations (mainly from his lecture notes) which was published in 1776. He died in 1790.

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