The Wealth Of Nations: Books (1-3) (Penguin Classics) is a collection of three books containing detailed explanations of this classical work by the renowned economist and philosopher, Adam Smith. Smith’s work is considered to be the foundation for modern economics, and through this book he has presented some of his valuable theories for an idealistic economy.
Smith’s two centuries old ideology is unique, not only due to his great foresight about modern capitalism, but also because his theories are guided by a combination of ethical, philosophical, and historical principles. For instance, in his work he speaks about a fair and productive society created through a truly free market. This scenario is inclusive of the elements of competition and an invisible hand guiding it, to ensure equality and justice at the same time. This set of three books covers the total concepts presented by Smith such as division of labour, importance of profits, wages, rents and stocks, origin of money, and the role of the government. This book contains an analytical introduction of Smith’s work, alongwith further in-depth discussions and explanatory notes.
This exemplary classic is authored by Adam Smith, and the book The Wealth Of Nations: Books (1-3) (Penguin Classics) is one of its best explanation. It is published by Penguin UK in 1982. This book is available in paperback.
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