The Wealth of Nations, Adam Smith
The Wealth of Nations, Adam Smith
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The Wealth of Nations

Author: Adam Smith

Narrator: Liam Johnson

Unabridged: 35 hr 39 min

Format: Digital Audiobook Download

Publisher: Stream Readers

Published: 02/16/2023

Synopsis

An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith. First published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth, and is today a fundamental work in classical economics. By reflecting upon the economics at the beginning of the Industrial Revolution, the book touches upon such broad topics as the division of labour, productivity, and free markets.

About Adam Smith

Adam Smith (1723-1790) was a Scottish philosopher who is best known for his book The Wealth of Nations, which had a profound influence on modern economics and concepts of individual freedom. He was a professor of logic at Glasgow University, as well as the chair of moral philosophy. His lectures covered the field of ethics, rhetoric, jurisprudence, and political economy. In 1759, he published his Theory of Moral Sentiments, which embodies some of his Glasgow lectures. In 1776, he published The Wealth of Nations, which covered such concepts as the role of self-interest, the division of labor, the function of markets, and the international implications of a laissez-faire economy. Smith is most often recognized for the expression "the invisible hand," which he used to demonstrate how self-interest guides the most efficient use of resources in a nation's economy, with public welfare coming as a by-product.

Reviews

Goodreads review by Daniel on August 17, 2007

Three things happened in 1776. 1. The Revolutionary war started (Declaration of Independence). 2. Watt's first steam engine powered Wilkinson's iron foundry blowers. 3. Adam Smith published "The Wealth of Nations".......more

Goodreads review by Alexis on December 25, 2023

In our days of late capitalism, having had Adam Smith's "invisible hand" foisted upon us by so many right wing free market politicians, it's all too easy to dismiss The Wealth of Nations as more free-market dogma. Don't do that. Secret #1: Many of the politicians who quote Smith have never actually......more

Goodreads review by Andrew on July 20, 2024

Whereas I was originally hesitant to engage with this text, even though Noam Chomsky, that inspired genius among the rabble, encouraged me to do so at age 19, less than a year prior to my traumatic brain-injury, I found that this book made progressively more sense to me the further I delved into it.......more

Goodreads review by Art on June 06, 2014

Classic liberal economics at its finest......more

Goodreads review by Andrew on May 18, 2024

Adam Smith's Groundbreaking Mercantile Disquisition Effectively Sets The 'Price Of Monopoly' For Capitalist Economics. Born in 1723, Adam Smith was a Scottish economist & philosopher who studied both at the University of Glasgow as well as Balliol College in Oxford. He was well-acclimated in many di......more

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