Wealth of Nations ANNOTATION
The first truly scientific argument for the principles of political economy.
FROM THE PUBLISHER
But, as Andrew Skinner reveals in his introduction to this edition, the real sophistication of The Wealth of Nations lies less in individual areas of economic analysis than in its overall picture of a vast analytical system--a capitalist economy--in which all the parts can be seen simultaneously interacting with each other. In addition, Smith's view of society was not merely an economic one. The Wealth of Nations is far from being an apologia for unregulated business enterprise: Smith was at pains to point out that economic advance can have undesirable social consequences, and that labour which is economically unproductive can be beneficial to society at large.
SYNOPSIS
IThe 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.
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