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The Wealth of Nations: The Economics Classic - A selected edition for the contemporary reader, by Adam Smith
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Published in 1778, The Wealth of Nations was the first book on economics to catch the public's attention. It provides a recipe for national prosperity that has not been bettered since, based on small government and the freedom of citizens to act in their best interests. It reassuringly assumes no knowledge of its subject, and over 200 years on still provides valuable lessons on the fundamentals of economics. This deluxe, selected edition is a stylish keepsake from the Capstone Classics series.
This edition includes:
- An abridged selection of all 5 books for the contemporary reader
- An original commentary offering new research and analysis by classic literature guru Tom Butler-Bowdon
- A biography and chronology of Adam Smith's life and the events surrounding the original publication of the work
Today, The Wealth of Nations is still essential reading for any business or self-development library, reminding us that it is the ingenuity and drive of people, not governments, that remains the source of personal, national and global prosperity.
- Sales Rank: #56647 in Books
- Brand: Brand: Capstone
- Published on: 2010-08-30
- Format: Abridged
- Original language: English
- Number of items: 1
- Dimensions: 8.10" h x 1.50" w x 5.40" l, 1.20 pounds
- Binding: Hardcover
- 416 pages
- Used Book in Good Condition
Most helpful customer reviews
16 of 19 people found the following review helpful.
A clean and clear text with pleasant introduction
By Jason Wetzel
This comment is about the capstone 2010 edition of Wealth of Nations. I looked at several editions of the Wealth of Nations at the brick and mortar bookstore and text of this book is very nice. The book is a pleasure to hold, and delightful to read; I think it is in relaxing and forthright Arial font. Whatever the font, it is not some ancient-looking typeface like some editions offer.
As for some other commenter's complaint about this text being gutted by "liberal" Bowdon, I apparently lack the sophistication to judge this travesty as I think it's fine. You are welcome to get the original text for $0.99 for your Kindle if you are really that freaked out by a very slightly "modernized" text. I, however; think it is worth your money to buy the paper edition.
9 of 12 people found the following review helpful.
How and Why The Wealth of Nations is "one of the most important and influential books ever written."
By Robert Morris
The title of this review is from the Foreword to this volume, written by Eamonn Butler (Director of the Adam Smith Institute), and continues as follows: The Wealth of Nations "transformed how we think about the nature of economic life, turning it from an ancient to a recognizably modern form." Razeen Sally is Senior Lecturer in International Political Economy at London School of Economics and Co-Director of Eureopean Centre for Political Economy (ECIPE). In the Preface, he observes, " The governing principles of the Smithian economic system is 'natural liberty' (or non-intervention), which allows 'every man to pursue his own interest his own way, upon the liberal plan of equality, liberty and justice.' And as Smith goes on to say, 'All systems of preference or restraint, therefore, being thus completely taken away, the obvious and simple system natural liberty establishes itself of its own accord.'"
Those who have read one or more of the volumes that comprise Tom Butler-Bowdon's "50 Classics" series already know that he possesses superior reasoning and writing skills as well as a relentless curiosity when conducting research on history's greatest thinkers and their major works. For these and other reasons, I cannot think of another person better qualified to provide the introductions to the volumes that comprise a new series, "Capstone Classics."
Unlike so many others, he provides more, much more than a flimsy "briefing" to the given work. In his 32-page Introduction to this edition of The Wealth of Nations, Butler-Bowdon discusses subjects and issues such as these in order to create a context, a frame-of-reference, for Smith's insights:
o Adam Smith and the world in which he lived
o The Wealth of Nations (TWON): Its origins and influences
o The major political and economic issues that it addresses
o The meaning and significance of two terms, "wealth" and "nations," in the book's title
o Contemporary works with which it was compared and contrasted
o Adam Smith's views on social relations
o How a strong market "works"
o Why specialization is "the key to prosperity"
o Smith's views on enlightened self-interest as opposed to society's best interests
o The crucial role of capital
o How and why SMith differentiates (in TWON) a nation's productivity and its system of currency
o The respective roles of price and demand in a market economy
o TWON's "agrarian bias"
o Smith's views on government's proper role
o Correlations between personal wealth and natural wealth
o Smith's views on human rights
There are dozens of others, of course, but hopefully these will provide at least some indication of the scope of Butler-Nowdon's coverage in the 32-page Introduction. As indicated earlier, is to create a context, a frame-of-reference, for Adam Smith's insights. He does so brilliantly and also in each of the other volumes in the "Capstone Classics" series that have been published thus far.
2 of 2 people found the following review helpful.
Awesome read
By thomas moore
Can't go wrong with Adam Smith! Would have liked the complete book but this copy is awesome. The book it's self is of very high quality, the pages are some if the best I have ever seen. Only complaint is the dust cover is only half the height of the book.
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