An Inquiry into the Nature & Causes of the Wealth of Nations (häftad)
Format
Häftad (Paperback / softback)
Språk
Engelska
Antal sidor
1080
Utgivningsdatum
1982-01-01
Upplaga
New e.
Förlag
Liberty Fund Inc
Medarbetare
Campbell, R.H. (red.)/Skinner, Andrew S. (red.)/Todd, W.B. (red.)
Illustrationer
notes, table, indexes
Volymtitel
v. 1 & 2
Dimensioner
231 x 155 x 76 mm
Vikt
2156 g
Antal komponenter
2
Komponenter
2 Paperback / softbacks
ISBN
9780865970083

An Inquiry into the Nature & Causes of the Wealth of Nations

Volumes 1 & 2

Häftad,  Engelska, 1982-01-01
253
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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. Criticising 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. Social and economic order arise from the natural desires to better one's (and one's family's) lot and to gain the praise and avoid the censure of one's neighbors and business associates. Individuals behave decently and honestly because it gives them a clear conscience as well as the good reputation necessary for public approbation and sustained, profitable business relations.
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Övrig information

Adam Smith was born in a small village in Kirkcaldy, Scotland in 1723. He entered the University of Glasgow at age fourteen, and later attended Balliol College at Oxford. After lecturing for a period, he held several teaching positions at Glasgow University. His greatest achievement was writing The Wealth of Nations (1776), a five-book series that sought to expose the true causes of prosperity, and installed him as the father of contemporary economic thought. He died in Edinburgh on July 19, 1790.