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The Wealth of Nations, Bks.1-3 (Paperback, Repr. with Revisions) Loot Price: R332
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The Wealth of Nations, Bks.1-3 (Paperback, Repr. with Revisions)

Adam Smith; Edited by Andrew Skinner; Introduction by Andrew Skinner; Notes by Andrew Skinner

Series: Penguin Classics

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List price R405 Loot Price R332 Discovery Miles 3 320 You Save R73 (18%)

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‘It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest’

With this landmark treatise on political economy, Adam Smith paved the way for modern capitalism, arguing that a truly free market – fired by competition yet guided as if by an ‘invisible hand’ to ensure justice and equality  – was the engine of a fair and productive society. Books I–III of the Wealth of Nations examine the ‘division of labour’ as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money, the importance of wages, profit, rent and stocks. Smith’s work laid the foundations of economic theory in general and ‘classical’ economics in particular, but the real sophistication of his analysis derives from the fact that it also encompasses a combination of ethics, philosophy and history to create a vast panorama of society.

This edition contains an analytical introduction offering an in-depth discussion of Smith as an economist and social scientist, as well as a preface, further reading and explanatory notes.

The Wealth of Nations Books IV-V are also published in Penguin Classics.

General

Imprint: Penguin Books Ltd
Country of origin: United Kingdom
Series: Penguin Classics
Release date: February 1982
First published: March 1982
Authors: Adam Smith
Editors: Andrew Skinner
Introduction by: Andrew Skinner
Notes by: Andrew Skinner
Dimensions: 198 x 129 x 26mm (L x W x T)
Format: Paperback
Pages: 570
Edition: Repr. with Revisions
ISBN-13: 978-0-14-043208-4
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
LSN: 0-14-043208-6
Barcode: 9780140432084

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