Publisher Description
The foundation for all modern economic thought and political economy, The Wealth of Nations is the magnum opus of Scottish economist Adam Smith, who introduces the world to the very idea of economics and capitalism in the modern sense of the words. Smith details his argument in five books: Book I. Of the Causes of Improvement in the Productive Power of Labour Book II. Of the Nature, Accumulation, and Employment of Stock Introduction Book III. Of the Different Progress of Opulence in Different Nations Book IV. Of Systems of Political Economy Book V. Of the Revenue of the Sovereign or Commonwealth Taken together, these books form a giant leap forward in the field of economics. A product of the “Age of Enlightenment,” The Wealth of Nations is a must for all who wish to gain a better understanding of the principles upon which all modern capitalistic economies have been founded and the process of wealth creation that is engendered by those principles.
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“The book is interesting and insightful. I am glad I listened, but in many ways it was also torture. It is a very long book. And despite all of the assurances regarding what a dynamic writer Smith is, it is still dry. After listening however, I would like a print copy on my shelf for reference purposes.
After hearing Smith both praised and condemned, quoted and misquoted many times, I found many things said about the book and Adam Smith to be somewhat inaccurate. There is nothing like the impression that you gain when you engage with a classic yourself and the realization that more could be learned by returning to the text and pondering its ideas. ”
—
Plebian (4 out of 5 stars)
