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The Wealth of Nations (Modern Library Classics) Paperback – November 14, 2000

4.6 out of 5 stars 2,654 ratings

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Editorial Reviews

Review

"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

Adam Smith's masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's new Introduction for this edition both clarifies Smith's analyses and illuminates his overall relevance to the world in which we live. As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century--jobs, wages, politics, government, trade, education, business, and ethics."

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Product details

  • ASIN ‏ : ‎ 0679783369
  • Publisher ‏ : ‎ Modern Library (November 14, 2000)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 1184 pages
  • ISBN-10 ‏ : ‎ 9780679783367
  • ISBN-13 ‏ : ‎ 978-0679783367
  • Lexile measure ‏ : ‎ 1500L
  • Item Weight ‏ : ‎ 1.41 pounds
  • Dimensions ‏ : ‎ 5.12 x 1.79 x 8 inches
  • Customer Reviews:
    4.6 out of 5 stars 2,654 ratings

About the author

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Adam Smith (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish moral philosopher, pioneer of political economy, and a key figure in the Scottish Enlightenment.

Smith is best known for two classic works: The Theory of Moral Sentiments (1759), and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. Smith is cited as the father of modern economics and is still among the most influential thinkers in the field of economics today.

Smith studied social philosophy at the University of Glasgow and at Balliol College, Oxford, where he was one of the first students to benefit from scholarships set up by fellow Scot, John Snell. After graduating, he delivered a successful series of public lectures at Edinburgh, leading him to collaborate with David Hume during the Scottish Enlightenment. Smith obtained a professorship at Glasgow teaching moral philosophy, and during this time he wrote and published The Theory of Moral Sentiments. In his later life, he took a tutoring position that allowed him to travel throughout Europe, where he met other intellectual leaders of his day.

Smith laid the foundations of classical free market economic theory. The Wealth of Nations was a precursor to the modern academic discipline of economics. In this and other works, he expounded upon how rational self-interest and competition can lead to economic prosperity. Smith was controversial in his own day and his general approach and writing style were often satirised by Tory writers in the moralising tradition of William Hogarth and Jonathan Swift. In 2005, The Wealth of Nations was named among the 100 Best Scottish Books of all time. The minor planet 12838 Adamsmith was named in his memory.

Bio from Wikipedia, the free encyclopedia. Photo by unknown artist [Public domain], via Wikimedia Commons.

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4.6 out of 5 stars
4.6 out of 5
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3.0 out of 5 stars Very thick, smaller than average words
Reviewed in the United States on November 19, 2020
Very small and thick book. Purchased this one for the affordable price. I have pretty good vision so it should be fine for me but the text is a bit on the smaller side.
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M. Dowden
5.0 out of 5 stars An Important Book
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Foix
2.0 out of 5 stars Poor edition of a great work
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Eric
1.0 out of 5 stars extremely poor version
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Sandy
5.0 out of 5 stars my english comprehension was good, until I read this book
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