5 in stock
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5 in stock
| 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 |
“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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“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.
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