Political economy had been studied long before Adam Smith. But Wealth of Nations (1776) established it for the first time as a separate science. Smith based his arguments on vast historical knowledge, and developed his principles with remarkable clarity. What set this work apart was its statement of the doctrine of natural liberty. Smith believed that “man’s self-interest is God’s providence” – that if government abstained from interfering with free competition, the invisible hand of capitalism would emerge from the competing claims of individual self-interest. Industrial problems would be resolved and maximum efficiency reached. After more than two centuries, Smith’s work still stands as the best statement and defense of the fundamental principles of capitalism. Dimensions:5.40(w) x 8.30(h) x 1.90(d)

*** The Wealth of Nations *** by Adam Smith Brand New, Flexibound Cover Edition with Ribbon Bookmark As Andrew Skinner reveals in his introduction to this edition, the real sophistication of The Wealth of Nations lies less in individual areas of economic analysis than in its overall picture of a vast analytical system–a capitalist economy–in which all the parts can be seen simultaneously interacting with each other. In addition, Smith’s view of society was not merely an economic one. The Wealth of Nations is far from being an apologia for unregulated business enterprise: Smith was at pains to point out that economic advance can have undesirable social consequences, and that labour which is economically unproductive can be beneficial to society at large Buy with confidence from an established seller – we have over 20 years of eBay sales experience and more than 24,000 ratings!Shipped from a smoke-free, temperature controlled environment To see more great items and Value Packs at terrific prices, please visit our ebay store

Publisher: Fall River PressPublication date: 04/25/2022Pages: 528Product dimensions: 5.40(w) x 8.30(h) x 1.90(d) Political economy had been studied long before Adam Smith. But Wealth of Nations (1776) established it for the first time as a separate science. Smith based his arguments on vast historical knowledge, and developed his principles with remarkable clarity. What set this work apart was its statement of the doctrine of natural liberty. Smith believed that “man’s self-interest is God’s providence” – that if government abstained from interfering with free competition, the invisible hand of capitalism would emerge from the competing claims of individual self-interest. Industrial problems would be resolved and maximum efficiency reached. After more than two centuries, Smith’s work still stands as the best statement and defense of the fundamental principles of capitalism.

Capitalism in America: An Economic History of the United States – GOOD Product Id:0735222460 Condition:USED_GOOD Notes:Item in good condition. Textbooks may not include supplemental items i.e. CDs, access codes etc…