- Mass Market Paperback: 1264 pages
- Publisher: Bantam Classics; First Thus edition (March 4, 2003)
- Language: English
- ISBN-10: 9780553585971
- ISBN-13: 978-0553585971
- ASIN: 0553585975
- Product Dimensions: 4.2 x 2 x 6.9 inches
- Shipping Weight: 1.2 pounds (View shipping rates and policies)
- Average Customer Review: 835 customer reviews
- Amazon Best Sellers Rank: #28,118 in Books (See Top 100 in Books)
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The Wealth of Nations (Bantam Classics) Mass Market Paperback – March 4, 2003
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"Adam Smith's enormous authority resides, in the end, in the same property that we discover in Marx: not in any ideology, but in an effort to see to the bottom of things."
--Robert L. Heilbroner
From the Inside Flap
The Wealth of Nations
by Adam Smith
It is symbolic that Adam Smith's masterpiece of economic analysis, The Wealth of Nations, was first published in 1776, the same year as the "Declaration of Independence.
In his book, Smith fervently extolled the simple yet enlightened notion that individuals are fully capable of setting and regulating prices for their own goods and services. He argued passionately in favor of free trade, yet stood up for the little guy. The Wealth of Nations provided the first--and still the most eloquent--integrated description of the workings of a market economy.
The result of Smith's efforts is a witty, highly readable work of genius filled with prescient theories that form the basis of a thriving capitalist system. This unabridged edition offers the modern reader a fresh look at a timeless and seminal work that revolutionized the way governments and individuals view the creation and dispersion of wealth--and that continues to influence our economy right up to the present day.
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This book holds the keys to national prosperity. It's almost unfathomable to me that one book can teach so much. You will learn about what an economy is, trade, wages, banking, monetary policy, taxes, public debts, agriculture, history, the list goes on and on.
This book is must-read.
Now a review of this specific edition: The font is quite small which makes it hard to read. This is especially a consideration for a 586 page book. I suggest finding another (rather than this Simon & Brown).
Particularly interesting were his thesis on "Division of Labor"(page 15), rules of market place based on self interest(page 23-24), description of banking crisis (page 395), free trade (page 572, with the famous "invisible hand"), property rights (page 684), description of Founding Fathers in US (page 790), free market principle (page 873), rule of law (page 901, 1157), role of government (page 919), human nature and incentives (page 965), freedom of religion (page 1000-1001), progressive tax system (page 1065), government debt (page 1171), currency devaluation (page 1185).
Many of the ideas that form a basis of American/Western society can be traced back to the ideas found in Wealth of Nations, which would be no small feat. (Rules of the market place, rule of law, property rights, freedom of religion comes to mind.)
I would recommend it to anyone who has the will and time to peruse this superb volume.
However, as far as the Kindle version is concerned, and I'm only specifically talking about the format/medium of this text, that's just ok. Most of these free Kindle books leave a lot to be desired and this is no different. Since it wasn't translated we don't have to argue over the quality of the interpretation, however it is a dense tome and I find these require a little more navigation for full digestion. A lot of flipping back and forth, checking out the index, notes, table of contents, previous chapters, etc. And all of this is a bit challenging to do on the Kindle. Nevertheless, the text seems to fine. Scanned alright. So if you want to casually explore the thoughts of Smith on a less than ideal platform, here you go. As a scholar, I'd prefer a hard copy.