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28 of 36 people found the following review helpful:
5.0 out of 5 stars Better than modern economics, July 22, 1998
This review is from: The Wealth of Nations (Part 1 of 2) (Library Edition) (Audio Cassette)
Adam Smith obviously thought deeply about economics, and then traveled widely to find support for his ground-breaking theories. The result is a very long book that is incredibly nuanced. Such popular excerpts as "the pin factory" and "like an invisible hand" do little justice to the book -- just like quoting "Frankly my dear, I don't give a damn." does not substitute for reading "Gone with the Wind" or seeing the movie.

It is difficult to getting a good economic education today. The endless flow of government money in social science departments has twisted the subject. While modern economists use very precise methods to arrive at wildly inaccurate results, Smith dug and dug through economic records to find key patterns but did not seek the unrealistic equations that currently characterize the profession.

One final note on the reading: Work your way through a Jane Austin novel before attempting to read "The Wealth of N! ations." The language has changed in the past 200 years.

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The Wealth of Nations  (Part 1 of 2) (Library Edition)
The Wealth of Nations (Part 1 of 2) (Library Edition) by Adam Smith (Audio Cassette - August 1, 1997)
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