The Wealth of Nations (Paperback, Revised)

Political economy had been studied long before Adam Smith. But Wealth of Nations (1776) established it for the first time as a separate science. Smith based his arguments on vast historical knowledge, and developed his principles with remarkable clarity. What set this work apart was its statement of the doctrine of natural liberty. Smith believed that "man's self-interest is God's providence" - that if government abstained from interfering with free competition, the invisible hand of capitalism would emerge from the competing claims of individual self-interest. Industrial problems would be resolved and maximum efficiency reached. After more than two centuries, Smith's work still stands as the best statement and defense of the fundamental principles of capitalism.

General

Imprint:	Prometheus Books UK
Country of origin:	United States
Series:	Great Minds Series
Release date:	1991
First published:	December 1991
Authors:	Adam Smith
Dimensions:	213 x 138 x 30mm (L x W x T)
Format:	Paperback
Pages:	590
Edition:	Revised
ISBN-13:	978-0-87975-705-2
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Social sciences > Politics & government > Political ideologies > Conservatism & right-of-centre democratic ideologies
LSN:	0-87975-705-1
Barcode:	9780879757052

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