John Collins An Analysis of Adam Smith's The Wealth of N (Paperback) (UK IMPORT)

Description: Further DetailsTitle: An Analysis of Adam Smith's The Wealth of NationsCondition: NewEAN: 9781912127085ISBN: 9781912127085Publisher: Macat International LimitedFormat: PaperbackRelease Date: 07/15/2017Description: 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.Language: EnglishCountry/Region of Manufacture: GBItem Height: 198mmItem Length: 129mmItem Weight: 113gAuthor: John CollinsGenre: Business & FinanceTopic: History, Society & Culture, Children's Learning & Education, Law & PoliticsBook Series: Macat LibraryRelease Year: 2017 Missing Information?Please contact us if any details are missing and where possible we will add the information to our listing.

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