An Inquiry Into the Nature and Causes of the Wealth of Nations, Vol 2

by Adam Smith

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  First published in 1776, the year in which the American Revolution officially began, Smith's Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political economy, from market pricing and the division of labor to monetary, tax, trade, and other government policies that affect economic behavior. Throughout he offers seminal arguments for free trade, free markets, and limited government.

Criticizing mercantilists who sought to use the state to increase their nations' supply of precious metals, Smith points out that a nation's wealth should be measured by the well-being of its people. Prosperity in turn requires voluntary exchange of goods in a peaceful, well-ordered market. How to establish and maintain such markets? For Smith the answer lay in man's social instincts, which government may encourage by upholding social standards of decency, honesty, and virtue, but which government undermines when it unduly interferes with the intrinsically private functions of production and exchange.



Details:
rank: #355,739
price: $8.50
bound: 535 pages
publisher: Liberty Fund (January 1, 1981)
lang: English
asin:
isbn: 0865970076, 978-0865970076,
weight: 1.8 pounds (
filesize:

















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Online Library of Liberty. A collection of scholarly works about individual liberty and free markets. A project of Liberty Fund, Inc.Get the latest news, stats and more about Adam Smith on eurobasket.comADAM SMITH is known as the father of economics. Most people think of him as the archetypal free-marketeer. But Smith is often misquoted. This post will give a few .Adam Smith has 126 books on Goodreads with 96537 ratings. Adam Smiths most popular book is The Theory of Moral Sentiments, Vol. 1 of 2: Or, an Essay Tow.House Armed Services Committee Ranking Member Adam Smith vowed Sunday to "closely monitor the details" of the USS Fitzgerald collision after
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