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The Wealth of Nations Kindle Edition
鶹
At the time of its first publication, "The Wealth of Nations" was well received by academics and in highly educated circles, but it wasn't necessarily seen as the cornerstone of capitalism, which was the economic system Europe and America would develop as the Industrial Revolution took hold. There are three popularised economic concepts that can be credited back to "The Wealth of Nations": division of labour, productivity and free markets.
- LanguageEnglish
- PublisherE-BOOKARAMA
- Publication dateJune 7 2019
- Reading age13 years and up
- File size2.7 MB
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Product details
- ASIN : B07STQ55Y5
- Publisher : E-BOOKARAMA
- Accessibility : Learn more
- Publication date : June 7 2019
- Language : English
- File size : 2.7 MB
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Enabled
- Word Wise : Enabled
- Print length : 1117 pages
- ISBN-13 : 978-8834133439
- Page Flip : Enabled
- Reading age : 13 years and up
- 鶹 Rank: #146,796 in Kindle Store (See Top 100 in Kindle Store)
- Customer Reviews:
About the author

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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Fraudulent reverse translation, do not buy kindle version
Top reviews from Canada
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- Reviewed in Canada on October 10, 2020Verified PurchaseIt's a wonderful read; a classic. A lovely hardcover book.
- Reviewed in Canada on January 21, 2020Verified PurchaseMust read book if you're interested in a comprehensive history of economics.
- Reviewed in Canada on June 11, 2016Verified PurchaseAppreciated
- Reviewed in Canada on May 2, 2018Verified Purchasegood book. but so slow and wordy.
- Reviewed in Canada on March 2, 2016Verified Purchasei already have a Chinese version. To compare their difference, i got an English one.
- Reviewed in Canada on February 15, 2019First of all since 鶹 combines the reviews from several different versions or printing of this book I need to clarify that my review is for The Modern Library Classics (by Random House) 2000 version with introduction by Robert Reich (ISBN 0-679-78336-9) . This printing was 1,155 pages long including the index and a short commentary at the end. The printing is average size and easy enough to read.
The book comes with an index at the end as well as brief italicized summaries in simple/modern English in the margin. This really helps if you want to refer back to a specific topic.
I bought this book back in 2001 and I really enjoyed it. It is a very informative book. Since it was originally published in 1776 (a little over 200 years ago) I found myself looking up some of the older words that are not in regular use anymore. Also the way we use some words has changed over the years but overall it was not too difficult to understand.
This book covers all sorts of topics relating to economics and dives deep into all sorts of topics that are still reliant today.
- Reviewed in Canada on April 11, 2002Probably the most important book ever written has as much to say to us today as it did in 1766 . Adam Smith's "The Wealth of Nation" establishes the theoretical framework for Capitalism covering every aspect of an economic system that has created the highest standard of living known to man. Adam Smith shows how the interplay between labor, stock and land serve to generate the wealth of a nation. The keys to wealth are freedom, productive men, productive stock, and productive land. Smith says that the role of government is threefold - to protect the land from foreign invasion, enforce contracts and maintain a physical and legal infrastructure that promotes commerce and investment. Government produces nothing and therefore the expense of government reduces the wealth of a nation. Taxes are akin to a proportional reduction in the productivity of labor, stock and land and so should be kept at a minimum in order to increase the wealth of a nation. Any government role beyond the promotion and protection of investment reduces the wealth of a nation and of its people Adam Smith would oppose the many government programs that litter the landscape of the Federal Government today. Welfare, Social Security, education spending by the government, and other non-defense or infrastructure related expenditures diminish the productivity of the people and consequently their wealth. The majority of the people in the United States would have been much wealthier had it not been for these programs.
Adam Smith was also a proponent of free trade. He understood that countries varied in the productivity of the land and the people and that only through free trade could the advantages inherent in different lands and peoples be harnessed to increase the wealth of nations. He opposed guilds and unions which only protected the few at the expense of the many and consequently reduced the wealth of a nation by reducing the productivity of its people.
Adam Smith was truly a man for all season and for all time. It's unfortunate that our politicians and educators are more familiar and enamored by the idiot Karl Marx than they are with Adam Smith. For if they revered Adam Smith as much as they revere Marx we would all be wealthier and happier.
- Reviewed in Canada on May 17, 2021Verified PurchaseThis book was long and very hard to digest. However, the content in it pulls the curtain apart revealing some insightful details about how the economics of the world operates. Although this contains information from over 300 years ago everything in the book is still very relevant, today.
Economic and social status has always been a concept that has been engineered to go against those of African descent and this book highlights how racism has become ingrained in society before Black Lives Matter and if history continues to repeat itself, nothing will really change.
Top reviews from other countries
- óԾReviewed in Spain on August 1, 2014
5.0 out of 5 stars A must
Verified PurchaseFor those who wish to know the basic principles underlying economy and capitalism, this is the book. Generally regarded in Economy as the equivalent of the famous Charles Darwin "On the origin of the species", no one with interest in the subject should skip it, at least from a historic point of view.
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stefanoReviewed in Italy on July 23, 2014
5.0 out of 5 stars Bel libro
Verified PurchaseVeramente un bel libro. Considerando il periodo in cui è stato scritto è ancora piu affascinante leggerlo e vedere come, nel corso della storia, si ripetono tematiche sempre uguali. Veramente co sigliato
- Tuan Anh vuReviewed in Australia on February 9, 2025
1.0 out of 5 stars Tiny tiny text
Verified PurchaseThe text is very very small and unable to read.
Tuan Anh vuTiny tiny text
Reviewed in Australia on February 9, 2025
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