Description: When the Scottish moral philosopher and economist Adam Smith (1723-1790) first published The Wealth of Nations in 1776, capitalism as we know it today barely existed. Most people in the West still worked for themselves in small shops or as subsistence farmers. But the worldwide spread of European empires, with their global, interconnected networks of shipping and trade, and the growth of trading markets, created a burgeoning new business class. Smith didn’t just study this development of a new commercial sphere, he constructed an entire philosophy around it that helped created the modern theory of capitalism. Smith’s case for the simplification of government tariffs and the opening up of markets is used frequently in the modern world as an argument for completely unfettered capitalism. But as a moral philosopher, Smith was just as interested in building a more stable and just society as he was liberating capital from regulations. He maintained that the “invisible hand” of the market and the self-interest of individuals could ultimately be positive forces once unchained from Europe’s barely post-feudal government. In doing so he created, arguably, the entire discipline of modern economics. In The Wealth of Nations you will find not just a vividly written and uncommonly passionate defense of the free market as a liberalizing force, but a fascinating look at both the financial and moral underpinnings of all Western society.
Price: 24.99 USD
Location: Fort Lee, New Jersey
End Time: 2025-01-15T00:25:28.000Z
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Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money back or replacement (buyer's choice)
Book Title: The Wealth of Nations
Book Series: Historical
Narrative Type: Nonfiction
Publisher: Fall River Press
Original Language: English
Publication Year: 2022
Format: Flexi Bound
Language: English
Author: Adam Smith
Features: Faux Leather Bound, Flexi Bound
Genre: History
Topic: Economic History
Subjects: History & Military