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An Inquiry into the Nature and Causes of the…

An Inquiry into the Nature and Causes of the Wealth of Nations

by Adam Smith

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I just wanted to know what neoliberalism was, and ended up picking up this audiobook. In 1776, the economy was already quite complex, it turns out. I also enjoyed the description of the first types of money in the times of the Roman Empire. For example, copper rods. They had certain properties: were standard, durable, and could be cut in smaller pieces.

The book is long, but most of its bulk is filled with examples that Adam Smith gave to illustrate his examples. I suppose it's because the book was revolutionary for his times, and he needed all the supporting evidence he could get. ( )
  automatthias | Jun 19, 2017 |
Overall, this was an informative read; not for its economic insightfulness but for how its supporters use Smith's theories. There are some basic economic truths and a lot of tedious detail but what is really telling are the outdated ideas and the sweeping generalizations which have carried over to our contemporary economic discussions. ( )
  jimocracy | Apr 18, 2015 |
One of the most influential books ever. I wish more neo-cons and ultra capitalist would read it. Smith espouses some government involvement in regulating business enterprises. No! Really! Why, that sounds like Marxism! Bull. He surveyed the economies of the world, surveyed assembly of products, reviewed the balance of trade, the influence gold has on national debt, the problem of inflation and other standard economic issues. He was very insightful and should be taught in every high school economic class. The foundation for studying any economic activity should begin with Smith. ( )
  JVioland | Jul 14, 2014 |
I'm a libertarian, and I love economics. But I found Smith hard to get through. Aside from some of his more spirited arguments, such as the famous butcher/baker/whatever the third one is analogy, a lot of this book seemed like dead weight to me. As with many possibly great books, though, it may be a case of failing to appreciate its greatness because it has come to dominate subsequent thought and hence is already familiar in its essence to me.
  Audacity88 | Feb 7, 2014 |
First published in 1776 ( )
  GaryWestlund | Dec 8, 2013 |
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» Add other authors (59 possible)

Author nameRoleType of authorWork?Status
Smith, Adamprimary authorall editionsconfirmed
Adler, Mortimer J.Editorsecondary authorsome editionsconfirmed
Bullock, C. J.Editorsecondary authorsome editionsconfirmed
Cannan, EdwinEditorsecondary authorsome editionsconfirmed
Eliot, Charles WilliamEditorsecondary authorsome editionsconfirmed
Hutchins, Robert MaynardEditorsecondary authorsome editionsconfirmed
Kankaanpää, JaakkoTranslatorsecondary authorsome editionsconfirmed
Mises, Ludwig vonIntroductionsecondary authorsome editionsconfirmed
Todd, William B.Editorsecondary authorsome editionsconfirmed
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First words
The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
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. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages.
The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
Labor...is the only universal, as well as the only accurate measure of value, or the only standard by which we can compare the values of different commodities at all times and at all places.
The property which every man has is his own labor, as it is the original foundation of all other property, so it is the most sacred and inviolable.
The interest of the dealers...in any particular branch of trade or manufactures is always in some respects different from, and even opposite to, that of the public.
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Amazon.com Product Description (ISBN 0553585975, Mass Market Paperback)

The Wealth of Nations
by Adam Smith

It is symbolic that Adam Smith’s masterpiece of economic analysis, The Wealth of Nations, was first published in 1776, the same year as the Declaration of Independence.

In his book, Smith fervently extolled the simple yet enlightened notion that individuals are fully capable of setting and regulating prices for their own goods and services. He argued passionately in favor of free trade, yet stood up for the little guy. The Wealth of Nations provided the first--and still the most eloquent--integrated description of the workings of a market economy.

The result of Smith’s efforts is a witty, highly readable work of genius filled with prescient theories that form the basis of a thriving capitalist system. This unabridged edition offers the modern reader a fresh look at a timeless and seminal work that revolutionized the way governments and individuals view the creation and dispersion of wealth--and that continues to influence our economy right up to the present day.

(retrieved from Amazon Thu, 12 Mar 2015 18:24:38 -0400)

(see all 7 descriptions)

Provides a description and analysis of the inner workings of a market economy, presenting the fundamental principles of a capitalist system.

» see all 7 descriptions

Legacy Library: Adam Smith

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Liberty Fund, Inc

An edition of this book was published by Liberty Fund, Inc.

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Tantor Media

An edition of this book was published by Tantor Media.

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