The Wealth of Nations

The Wealth of Nations

Hardback Everyman's Library Classics & Contemporary Classics

By (author) Adam Smith, By (author) D. D. Raphael

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  • Publisher: Everyman's Library USA
  • Format: Hardback | 620 pages
  • Dimensions: 132mm x 206mm x 30mm | 658g
  • Publication date: 1 March 2005
  • Publication City/Country: New York
  • ISBN 10: 067940564X
  • ISBN 13: 9780679405641
  • Edition statement: Reissue
  • Sales rank: 352,198

Product description

But, as Andrew Skinner reveals in his introduction to this edition, the real sophistication of "The Wealth of Nations" lies less in individual areas of economic analysis than in its overall picture of a vast analytical system--a capitalist economy--in which all the parts can be seen simultaneously interacting with each other. In addition, Smith's view of society was not merely an economic one. "The Wealth of Nations" is far from being an apologia for unregulated business enterprise: Smith was at pains to point out that economic advance can have undesirable social consequences, and that labour which is economically unproductive can be beneficial to society at large.

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Author information

Adam Smith was born in a small village in Kirkcaldy, Scotland in 1723. He entered the University of Glasgow at age fourteen, and later attended Balliol College at Oxford. After lecturing for a period, he held several teaching positions at Glasgow University. His greatest achievement was writing The Wealth of Nations (1776), a five-book series that sought to expose the true causes of prosperity, and installed him as the father of contemporary economic thought. He died in Edinburgh on July 19, 1790.

Review quote

"Adam Smith's enormous authority resides, in the end, in the same property that we discover in Marx: not in any ideology, but in an effort to see to the bottom of things." --Robert L. Heilbroner