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The Wealth of Nations: Books I-III by Adam Smith (Paperback, 1982)

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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. Adam Smith (1723-90) was born in Glasgow and educated at Glasgow and Oxford.

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Originally delivered in the form of lectures at Glasgow, Adam Smith's The Wealth of Nations Books I-III laid the foundations of economic theory in general and 'classical' economics in particular, and this Penguin Classics edition is edited with an introduction and notes by Andrew Skinner. The publication of The Wealth of Nations in 1776 coincided with America's Declaration of Independence, and 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 and the importance of wages, profit, rent and stocks; but the real sophistication of his analysis derives from the fact that it 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. Adam Smith (1723-90) was born in Glasgow and educated at Glasgow and Oxford. Two years after his return to Scotland, Smith moved to Edinburgh, where he delivered lectures on Rhetoric. In 1751 Smith was appointed Professor of Logic at Glasgow, but was translated to chair of Moral Philosophy in 1752. The Theory of Moral Sentiments was published in 1759, and The Wealth of Nations in 1776, the same year as the Declaration of Independence. If you enjoyed The Wealth of Nations, you might like Karl Marx's Capital, also available in Penguin Classics.

Product Identifiers

Publisher
Penguin Books LTD
ISBN-13
9780140432084
eBay Product ID (ePID)
89085656

Product Key Features

Author
Adam Smith
Publication Name
The Wealth of Nations: Books I-Iii
Format
Paperback
Language
English
Subject
Economics
Publication Year
1982
Type
Textbook
Number of Pages
576 Pages

Dimensions

Item Height
198mm
Item Width
129mm
Item Weight
394g

Additional Product Features

Title_Author
Adam Smith
Series Title
The Wealth of Nations
Editor
Andrew Skinner
Country/Region of Manufacture
United Kingdom

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4 out of 5 stars
by ghhu_4127 Oct, 2023
A good read.
A most interesting book that is the basis of modern economic theory, it also gives a historical insight into life in 18th century Britain in an informed manner. A recommended read for anyone with an interest in economics and history.
Verified purchase: Yes | Condition: Pre-owned
5 out of 5 stars
by terryg8504 Apr, 2017
just what i wanted
Verified purchase: Yes | Condition: Pre-owned
5 out of 5 stars
by vwegle05 May, 2012
Grate value
I'm student in economics and it's one of the main books which should be read by anyone who are interest in econimics theory.

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