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4 Hawthorne Economics- General

The Wealth of Nations: Books I-III (Penguin Classics)

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The Wealth of Nations: Books I-III (Penguin Classics) Cover

 

Synopses & Reviews

Publisher Comments:

The classic economic treatise that inspired Thomas Pikettys Capital in the Twenty-First Century

‘It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest

With this landmark treatise on political economy, Adam Smith paved the way for modern capitalism, arguing that a truly free market – fired by competition yet guided as if by an ‘invisible hand to ensure justice and equality  – was the engine of a fair and productive society. Books I–III of the Wealth of Nationsexamine the ‘division of labour as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money, the importance of wages, profit, rent and stocks. Smiths work laid the foundations of economic theory in general and ‘classical economics in particular, but the real sophistication of his analysis derives from the fact that it also encompasses a combination of ethics, philosophy and history to create a vast panorama of society.

This edition contains an analytical introduction offering an in-depth discussion of Smith as an economist and social scientist, as well as a preface, further reading and explanatory notes.

The Wealth of Nations Books IV-V are also published in Penguin Classics.

Synopsis:

Books I-III of "The Wealth of Nations" examine the "division of labour" as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money, the importance of wages, profit, rent and stocks.

Synopsis:

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.

Description:

Includes bibliographical references and index.

Product Details

ISBN:
9780140432084
Editor:
Skinner, Andrew
Author:
Skinner, Andrew
Author:
Smith, Adam
Publisher:
Penguin Books
Location:
London
Subject:
General
Subject:
Economics
Subject:
United States - Colonial Period
Subject:
Economics - Theory
Subject:
Economic History
Subject:
Economics - General
Copyright:
Edition Number:
Rev. ed.
Edition Description:
Paperback / softback
Series:
Penguin classics
Series Volume:
#3
Publication Date:
19820331
Binding:
TRADE PAPER
Grade Level:
from 12
Language:
English
Illustrations:
Yes
Pages:
544
Dimensions:
7.76x5.07x.99 in. .85 lbs.
Age Level:
from 18

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Related Subjects

Business » General
Business » History and Biographies
Business » Management
Business » Writing
History and Social Science » Economics » General
History and Social Science » Politics » Labor
History and Social Science » Politics » United States » Politics
History and Social Science » US History » Colonial America
History and Social Science » World History » General

The Wealth of Nations: Books I-III (Penguin Classics) Used Trade Paper
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Product details 544 pages Penguin Books - English 9780140432084 Reviews:
"Synopsis" by , Books I-III of "The Wealth of Nations" examine the "division of labour" as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money, the importance of wages, profit, rent and stocks.
"Synopsis" by , 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.

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