Description: Political economy had been studied long before Adam Smith. But Wealth of Nations (1776) established it for the first time as a separate science. Smith based his arguments on vast historical knowledge, and developed his principles with remarkable clarity. What set this work apart was its statement of the doctrine of natural liberty. Smith believed that "man's self-interest is God's providence" - that if government abstained from interfering with free competition, the invisible hand of capitalism would emerge from the competing claims of individual self-interest. Industrial problems would be resolved and maximum efficiency reached. After more than two centuries, Smith's work still stands as the best statement and defense of the fundamental principles of capitalism. Dimensions:5.40(w) x 8.30(h) x 1.90(d)
Price: 22.9 USD
Location: Chicago, Illinois
End Time: 2024-03-03T03:09:34.000Z
Shipping Cost: 4.99 USD
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Item Specifics
Restocking Fee: No
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Format: Flexi Bound
Language: English
Book Title: The Wealth of Nations
Narrative Type: Nonfiction
Author: Adam Smith
Features: Faux Leather Bound, Flexi Bound
Topic: Economic History
Subjects: History & Military