An Inquiry into the Nature and Causes of the Wealth of Nations is the foundation of classical economics, and it has influenced a broad range of thinkers. In it, Adam Smith stresses the importance of the division of labor to economic progress. He criticizes the arguments for economic planning and offers a detailed theoretical and historical case for free trade. Far more than a work on economic theory, The Wealth of Nations contains philosophy, history, and political theory.
This program discusses Adam Smith's general approach to philosophy and how The Wealth of Nations fits into that approach. It then goes on to cover some major themes in The Wealth of Nations, a lengthy and complex book. Smith's sometimes difficult arguments are given with the background necessary for comprehension.
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"A massively relevant book to anyone wondering why things are going the way they are economically...and to think it was written by an Englishman in the 1800's... " — Larry (5 out of 5 stars)
"A massively relevant book to anyone wondering why things are going the way they are economically...and to think it was written by an Englishman in the 1800's... "
" A massively relevant book to anyone wondering why things are going the way they are economically...and to think it was written by an Englishman in the 1800's... "
" I think this book is worthy of five stars in the objective sense. But this site questions personal opinion and while I found certain chapters interesting, the majority was very difficult to get through. "
" Exceptional read for any Political Science/Theory historian. "
" Made it thru book 1 only. But it was interesting "
" I thought the book was quite interesting back when I read it in high school. Some of the specific examples seemed quite irrelevant for how dated they were but the principles were fascinating. "
" Tedious. Most of his ideas get rehashed by John Stuart Mill and others, later. "
" A hard read. But a must for anyone interested in economics, free market capitalism or (like me) thinks that capitalism is the root of all evil! "
George H. Smith is an author, editor, educator, and speaker. His first book was the very popular Atheism: The Case against God. Smith began teaching in the 1970s and for nearly twenty years spent his summers instructing university students in political philosophy and American political and intellectual history at seminars sponsored by the Cato Institute and the Institute for Humane Studies. His many articles and book reviews have appeared in a wide range of publications, including Reason, the New York Times, and the Journal of Libertarian Studies.
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