Wealth of Nations
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5b Adam Smith, London, 1805. Three volumes.
Notes
Adam Smiths The Wealth of Nations (1776) is a foundational work in economics that laid the groundwork for classical liberal economic theory. Smith argues for free markets, division of labor, and minimal government intervention in the economy, introducing concepts like the invisible hand, which suggests that individuals pursuing their own self-interest unintentionally benefit society as a whole.
The book critiques mercantilism, advocates for free trade, and explores the role of labor, capital, and productivity in national wealth. The Wealth of Nations remains one of the most influential economic texts, shaping modern capitalism and economic policy.
Description
Brown leather boards with gilt lettering and details on the spines. Some bumping to the corners but minimal fraying to the leather corners. Fine condition overall.
