The Wealth of Nations Part I, George H. Smith
The Wealth of Nations Part I, George H. Smith
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The Wealth of Nations Part I

Author: George H. Smith

Narrator: Craig Deitschman

Unabridged: 2 hr 33 min

Format: Digital Audiobook Download

Published: 01/01/2007

Synopsis

First published in 1776, this work is the classic statement of economic liberalism or the policy of laissezfaire. Several fundamental principles or "axioms" were introduced in this work, including the division of labor, supplyanddemand, and free market capitalism as some of the most obvious. Smith's political economy is primarily individualistic: selfinterest is the incentive for economic action. However, he shows that universal pursuit of selfinterest contributes to the public interest, a concept probably best encapsulated by John F. Kennedy when he remarked, "a rising tide raises all boats."

About George H. Smith

George H. Smith is an author, editor, educator, and speaker. His first book was the very popular Atheism: The Case against God. Smith began teaching in the 1970s and for nearly twenty years spent his summers instructing university students in political philosophy and American political and intellectual history at seminars sponsored by the Cato Institute and the Institute for Humane Studies. His many articles and book reviews have appeared in a wide range of publications, including Reason, the New York Times, and the Journal of Libertarian Studies.

Reviews

Goodreads review by Jurij on December 12, 2019

This is great historical stuff. Pro: All historical quotes and stories are great and is exactly what I want to read in books. Historical thinking about the facts of basic human behavior. Con: The con about these books is that it's basic economy with old examples, but little modern science. A great econo......more

Goodreads review by Elena on April 20, 2020

Misattributed. This should be more clearly labeled as a summary of the ideas of Adam Smith rather than listing him as the author. Still enjoyed this tough, and perhaps the original would have been a bit too dense anyways. It was interesting to also hear the social and political background of the "we......more

Goodreads review by Charles on August 28, 2017

A reasonably good synopsis of the original work which seeks to present Smith's arguments faithfully.......more

Goodreads review by Etienne on April 21, 2021

A must read to understand the mechanism of modern society and the essence of capitalism.......more

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