The Wealth Of Nations
The wealth of nations.
The wealth of nations. The wealth of nations was published 9 march 1776 during the scottish enlightenment and the scottish agricultural revolution. It influenced a number of authors and economists as well as governments and organizations. The prevailing view was that gold and silver was wealth and that countries should boost exports and resist imports in order to maximize this metal wealth. Smith believed in a meritocracy.
Eamonn butler s condensed wealth of nations is available to download here. The wealth of nations was published march 9 1776 during the scottish enlightenment and the scottish agricultural revolution. The wealth of nations adam smith an inquiry into the nature and causes of the wealth of nations generally referred to by its shortened title the wealth of nations is the magnum opus of the scottish economist and moral philosopher adam smith. The book was a landmark work in the history and economics as it was comprehensive and an accurate characterization of the economic mechanisms at work in modern economics.
The wealth of nations is a clearly written account of economics at the dawn of the industrial revolution. The first theme in the wealth of nations is that regulations on commerce are ill founded and counter productive. The book s broad themes. The central thesis of smith s the wealth of nations is that our individual need to fulfill self interest results in societal benefit in what is known as his invisible hand.