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An Inquiry Into the Nature and Causes of the Wealth of Nations (Vol. 1)
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An Inquiry Into the Nature and Causes of the Wealth of Nations (Vol. 1) Paperback - 1982

by Adam Smith; R. H. Campbell (Editor)


From the publisher

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

  • Title An Inquiry Into the Nature and Causes of the Wealth of Nations (Vol. 1)
  • Author Adam Smith; R. H. Campbell (Editor)
  • Binding Paperback
  • Edition [ Edition: Repri
  • Pages 550
  • Volumes 1
  • Language ENG
  • Publisher Liberty Fund, Indianapolis, IN
  • Date 1982-02-28
  • ISBN 9780865970069 / 0865970068
  • Weight 2.2 lbs (1.00 kg)
  • Dimensions 9 x 6 x 1.6 in (22.86 x 15.24 x 4.06 cm)
  • Ages 18 to 10 years
  • Grade levels 13 - 5
  • Reading level 1500
  • Library of Congress Catalog Number 81015578
  • Dewey Decimal Code 330.153
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

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