The Wealth of Nations: An Inquiry into the Nature and Causes of the Wealth of Nations.  Adam Smith

The Wealth of Nations: An Inquiry into the Nature and Causes of the Wealth of Nations

By Adam Smith

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Synopsis

The Wealth of Nations by Adam Smith generally referred to by its shortened title The Wealth of Nations , is the magnum opus of theScottisheconomistand moralphilosopherAdam Smith. First published in 1776, the book offers one of the world's first collected descriptions of what builds nations'wealth, and is today a fundamental work inclassical economics. By reflecting upon the economics at the beginning of theIndustrial Revolution, the book touches upon such broad topics as thedivision of labour,productivity, andfree markets. The Wealth of Nations was published in two volumes on 9 March 1776 (with books I–III included in the first volume and books IV and V included in the second), during theScottish Enlightenmentand theScottish Agricultural Revolution. It influenced several authors and economists, such asKarl Marx, as well as governments and organizations, setting the terms for economic debate and discussion for the next century and a half. For example,Alexander Hamiltonwas influenced in part by The Wealth of Nations to write his Report on Manufactures , in which he argued against many of Smith's policies. Hamilton based much of this report on the ideas ofJean-Baptiste Colbert, and it was, in part, Colbert's ideas that Smith responded to, and criticised, with The Wealth of Nations.

Adam Smith

  • Publisher:
  • Memorable Classics eBooks
  • ISBN:
  • 9791221374308
  • Language:
  • Inglés
  • Size:
  • Kb
  • Published:
  • December 26, 2021
  • Ciencias Políticas / General
    Política y Actualidad
    Empresa y Gestión
    Filosofía
    Negocios y Economía / General