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        The Wealth Of Nations

        1,200

        5 in stock

        “The Wealth of Nations” is a seminal work in the field of economics, written by the Scottish economist and philosopher Adam Smith and first published in 1776. In this groundbreaking book, Smith lays the foundation for classical economics by exploring the principles of free-market capitalism and the role of self-interest in promoting economic prosperity. The work is divided into five books, covering a wide range of topics, including the division of labor, the functioning of markets, and the factors influencing economic growth. Smith’s famous metaphor of the “invisible hand” describes how individuals pursuing their own self-interest unintentionally contribute to the overall economic well-being of society.

        Weight 0.78 kg
        Author

        Adam Smith

        Publisher

        Fingerprint! Publishing

        Book Type

        Intellect

        Categories

        Finance & Economics

        ,

        Strategy & Management

        Best for

        Analysis & Strategy

        Ages

        16+

        Binding

        Paperback

        Edition

        1 April 2018

        ISBN

        978-9387779464

        Language

        English

        Pages

        1144

        Printing Remarks

        Imported

        Dimension

        20.3 x 25.4 x 4.7 cm

        Weight

        0.789 kg

        SKU: AXDBS0799 Categories: , Tag:

        “The Wealth of Nations” significantly influenced economic thought, advocating for the idea that a laissez-faire economic system, where individuals are free to pursue their own interests and businesses operate without excessive government intervention, leads to the most efficient allocation of resources. Smith’s emphasis on the importance of competition, self-interest, and the division of labor laid the groundwork for modern economic theories. Despite being more than two centuries old, “The Wealth of Nations” remains a cornerstone of economic literature and continues to shape discussions on the role of government, markets, and individual motivation in the economic development of nations.

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