An Inquiry into the Nature and Causes of the Wealth of Nations (eBook)

Adam Smith (Autor)

eBook Download: EPUB

2022
967 Seiten
DigiCat (Verlag)
859-654702396-8 (EAN)

Infos

In "An Inquiry into the Nature and Causes of the Wealth of Nations," Adam Smith deftly explores the foundations of economic theory, presenting a comprehensive analysis of the dynamics of production, labor, and trade. Employing a luminous prose style that intertwines philosophical introspection with empirical observation, Smith navigates the complexities of a burgeoning capitalist society in the 18th century. His seminal work critiques mercantilism while advocating for free markets and the 'invisible hand' that guides economic self-interest towards collective benefit, solidifying the book's status as a cornerstone of classical economics. Adam Smith, often revered as the father of modern economics, was not only a philosopher but also a keen observer of human behavior, shaped by the Enlightenment ideals of his time. With a background in moral philosophy and an acute awareness of the socio-political currents of his era, Smith crafted this treatise to challenge prevailing economic doctrines and to illustrate the potential of individual initiative in fostering societal wealth. Readers seeking to comprehend the intricacies of economic principles and their historical evolution will find Smith's work indispensable. "Wealth of Nations" is not merely an economic manuscript; it is a profound discourse on human society that continues to resonate with contemporary debates on capitalism and ethics in economics.

Autor

Adam Smith (1723–1790) was a Scottish economist, philosopher, and author who has been deemed by many as the 'Father of Economics.' Smith is most famous for his work, 'An Inquiry into the Nature and Causes of the Wealth of Nations,' often abbreviated as 'The Wealth of Nations.' This seminal text, first published in 1776, is considered one of the cornerstones of classical economics and laid the foundations for free-market economic theory. Smith's inquiry into the wealth of nations delves into the dynamics of industry, commerce, and the economic principles of the time, writing extensively on the division of labor, productivity, and free markets. His assertion that rational self-interest and competition can lead to economic prosperity was revolutionary in its implications for economic practices and policy. A professor at the University of Glasgow, Smith was also the author of 'The Theory of Moral Sentiments,' in which he explores the intersection of economics and moral philosophy. Known for his lucid and accessible prose style, Smith's contributions extend beyond economics to the fields of philosophy, ethics, and public policy, and his works continue to be relevant in discussions of capitalism and human behavior. His legacy as an intellectual pioneer remains influential centuries after his death.

Produkt-Details

• Erscheint lt. Verlag: 28.5.2022
• Verlagsort: Prague
• Sprache: englisch
• Themenwelt: Literatur
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre
• Schlagworte: 18th century economics • 18th-Century Literature • Adam Smith • Adam Smith philosophy • capitalist foundations analysis • Classical Economics • Demography • division of labor principles • Economic Development • Economic Philosophy • Economics • Economic Theory • Economic Theory Exploration • foundational economic text • free market dynamics • free market principles • government trade regulation • Historical economic development • invisible Hand • Invisible hand concept • labor productivity factors • moral philosopher • National Prosperity • Political Economy • rational writing style • Scottish Enlightenment • Scottish Enlightenment influence • social Progress • Wealth Creation • Wealth of Nations