Collins John
Collins John - An Analysis Of Adam Smith's The Wealth Of Nations - Paperback
Collins John - An Analysis Of Adam Smith's The Wealth Of Nations - Paperback
Books
Regular price
$12.99 USD
Regular price
Sale price
$12.99 USD
Unit price
per
Shipping calculated at checkout.
Couldn't load pickup availability
Binding: Paperback
Description: Adam Smith's 1776 Inquiry into The Nature and Causes of the Wealth of Nations more often known simply as The Wealth of Nations is one of the most important books in modern intellectual history. Considered one of the fundamental works of classical economics it is also a prime example of the enduring power of good reasoning and the ability of reasoning to drive critical thinking forward. Adam Smith was attempting to answer two complex questions: where does a nation's wealth come from and what can governments do to increase it most efficiently? At the time perhaps the most widely accepted theory mercantilism argued that a nation's wealth was literally the amount of gold and silver it held in reserve. Smith meanwhile weighed the evidence and came to a different conclusion: a nation's wealth he argued lay in its ability to encourage economic activity largely without government interference. Underlying this radical redefinition was the revolutionary concept that powered Smith's reasoning and which continues to exert a vast influence on economic thought: the idea that markets are self - regulating. Pitting his arguments against those of his predecessors Smith carefully and persuasively reasoned out a strong case for free markets that reshaped government economic policies in the 19th - century and continues to shape global prosperity today.
Title: An Analysis Of Adam Smith's The Wealth Of Nations
Author(s): Collins John
Publisher: Macat International Limited
Barcode: 9781912127085
Pages: 96 Pages
Publication Date: 7/15/2017
Series: The Macat Library
Category: Economics
Description: Adam Smith's 1776 Inquiry into The Nature and Causes of the Wealth of Nations more often known simply as The Wealth of Nations is one of the most important books in modern intellectual history. Considered one of the fundamental works of classical economics it is also a prime example of the enduring power of good reasoning and the ability of reasoning to drive critical thinking forward. Adam Smith was attempting to answer two complex questions: where does a nation's wealth come from and what can governments do to increase it most efficiently? At the time perhaps the most widely accepted theory mercantilism argued that a nation's wealth was literally the amount of gold and silver it held in reserve. Smith meanwhile weighed the evidence and came to a different conclusion: a nation's wealth he argued lay in its ability to encourage economic activity largely without government interference. Underlying this radical redefinition was the revolutionary concept that powered Smith's reasoning and which continues to exert a vast influence on economic thought: the idea that markets are self - regulating. Pitting his arguments against those of his predecessors Smith carefully and persuasively reasoned out a strong case for free markets that reshaped government economic policies in the 19th - century and continues to shape global prosperity today.
Title: An Analysis Of Adam Smith's The Wealth Of Nations
Author(s): Collins John
Publisher: Macat International Limited
Barcode: 9781912127085
Pages: 96 Pages
Publication Date: 7/15/2017
Series: The Macat Library
Category: Economics
