The classic economic treatise that insipired Thomas Piketty's Capital in the Twenty-First Century The publication of The Wealth of Nations in 1776 coincided with America's Declaration of Independence, and 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 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 and the importance of wages, profit, rent and stocks, but the real sophistication of his analysis derives from the fact that it 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 by Andrew Skinner. For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,700 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.
This edition contains generous selections from all five volumes of The Wealth of Nations, and places Smith's inquiry into its historical, intellectual, and cultural context.
Adam Smith’s masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich’s Introduction both clarifies Smith’s analyses and illuminates his overall relevance to the world in which we live. As Reich writes, “Smith’s mind ranged over issues as fresh and topical today as they were in the late eighteenth century—jobs, wages, politics, government, trade, education, business, and ethics.” Introduction by Robert Reich • Commentary by R. H. Campbell and A. S. Skinner • Includes a Modern Library Reading Group Guide
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
This thoughtful new abridgment is enriched by the brilliant commentary which accompanies it. In it, Laurence Dickey argues that the Wealth of Nations contains--and conceals--a great deal of how Smith actually thought a commercial society works. Guided by his conviction that the so-called Adam Smith Problem--the relationship between ethics and economics in Smith's thinking--is a core element in the argument of the work itself, Dickey's commentary focuses on the devices Smith uses to ground his economics in broadly ethical and social categories. An unparalleled guide to an often difficult and perplexing work.
In this edition the missing part of one letter and eighteen entirely new ones are presented. The search for these letters even extended to Japan. Therefore, all new Smith letter discovered since 1977 are included. In addition, wherever errors were suspected or misreadings have come to light in the standing text as a result of advice from reviewers and correspondents, these have been corrected.
Smith's THE WEALTH OF NATIONS was the first comprehensive treatment of political economy. Originally delivered in the form of lectures at Glasgow, the book's publication in 1776 co-incided with America's Declaration of Independence. These volumes include Smith's assessment of the mercantile system, his advocacy of the freedom of commerce and industry, and his famous prophecy that "America will be one of the foremost nations of the world".
This carefully annotated selection features the main analysis of the operation of an economic system, the introductory chapter of the great attack on mercantilism, and portions of the analysis of the functions of the state-Books I, IV, and V. Edited by George J. Stigler, this useful volume includes an introduction and a bibliography.
In order to understand the impact of Smith's text across the academic disciplines, this volume brings together leading scholars from fields of economics, politics, history, sociology and literature. Each essay offers a different reading of Wealth of Nations and its legacy.
The moral philosopher and pioneer of political economy, Adam Smith was a key figure of the Scottish Enlightenment. His famous treatise ‘The Wealth of Nations’ is the first modern work of economics, earning him recognition as the father of modern economics. This comprehensive eBook presents Smith’s complete works, with numerous illustrations, rare texts appearing in digital print for the first time, informative introductions and the usual Delphi bonus material. (Version 1) * Beautifully illustrated with images relating to Smith’s life and works * Concise introductions to the works * All the published books, with individual contents tables * Includes rare texts appearing for the first time in digital publishing, including lectures by Smith * Images of how the books were first published, giving your eReader a taste of the original texts * Excellent formatting of the texts * Features two biographies, including Dugald Stewart’s first memoir on the great man * Scholarly ordering of texts into chronological order and literary genres Please note: the recently rediscovered LECTURES ON RHETORIC AND BELLES LETTRES cannot appear in this collection due to its copyright status. Please visit www.delphiclassics.com to browse through our range of exciting titles CONTENTS: The Books THE THEORY OF MORAL SENTIMENTS THE ORIGINS OF LANGUAGES AN INQUIRY INTO THE NATURE AND CAUSES OF THE WEALTH OF NATIONS ESSAYS ON PHILOSOPHICAL SUBJECTS The Lectures LECTURES ON JUSTICE, POLICE, REVENUE AND ARMS REPORTED BY A STUDENT IN 1763 The Biographies ACCOUNT OF THE LIFE AND WRITINGS OF ADAM SMITH by Dugald Stewart LIFE OF ADAM SMITH by John Rae Please visit www.delphiclassics.com to browse through our range of exciting titles or to purchase this eBook as a Parts Edition of individual
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