The Wealth of Nations, Adam Smith edited by George Smith
The Wealth of Nations, Adam Smith edited by George Smith
7 Rating(s)
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The Wealth of Nations

Author: Adam Smith; edited by George Smith

Narrator: Craig Deitschmann with a supporting cast

Unabridged: 5 hr 7 min

Format: Digital Audiobook Download

Published: 08/14/2012


Synopsis

An Inquiry into the Nature and Causes of the Wealth of Nations is one of the most important and influential works ever published on economic theory and is the foundation of classical economics. In it, Adam Smith stresses the importance of the division of labor to economic progress. He criticizes the arguments for economic planning and offers a detailed theoretical and historical case for free trade. In this masterpiece of the eighteenth-century Scottish Enlightenment, Smith develops a theory of social order arising from the unintended consequences of self-interested behavior. This self-regulating system of the free market, Smith contends, protects consumers from entrenched special interests and is usually harmed by government intervention. Far more than just a work on economic theory, The Wealth of Nations also contains Smith's views on philosophy, history, and political theory. This program discusses Adam Smith's general approach to philosophy and how The Wealth of Nations fits into that approach. It also explains Smith's major arguments and themes. Smith's sometimes difficult discourse is presented with the background information necessary for its comprehension.The Giants of Political Thought series is an easy and entertaining way to broaden your mind and your awareness of great ideas. Edited by George Smith

Reviews

Goodreads review by Goktug on September 04, 2018

Notes: - Competition keeps market price to a minimum level, which is the natural price. When government intervenes the market price goes up. - Taxes increase the price of a market commodity. This decreases the wealth, happiness and ease of the country. Things which have the greatest value in use, hav......more

Goodreads review by Rajat on May 26, 2022

A brilliant nuanced overview of Adam Smith's key ideas.The left has a tendency to vilify him and libertarians have a tendency to praise him without fully engaging with his ideas. This book brings out the depth of his thinking , which advocates for a free market but also fights mercantilism ( or Cron......more

Goodreads review by Benjamin on May 09, 2023

Although this book is serviceable enough if you want the general gist of Smith's fairly gargantuan Wealth of Nations, I was kind of angry with this book and so was unable to enjoy it that much. Perhaps this was unfair though, as it was entirely by my own error that I began reading it on Audible thin......more

Goodreads review by Don on June 12, 2014

theory of moral sentiments, win to free trade, govt for justice with virtues, when compare crime rates dependency as cause of crime, let people do as they do laissez-faire, stumble upon policy vs design as nations tended to do, Scottish philosopher Hume, cause and effect, let free trade reign, right......more

Goodreads review by Jack on December 24, 2022

A decent book that breaks down key segments fro The Wealth of Nations. Its interesting to hear the promise of capitalism in the past and how, under enlightened gentlemen, it's very convincing. However, it's Smith's naivety that shows its flaw. Smith never understood humans would turn into Assets or......more