The Wealth of Nations by Adam Smith PDF Download

March 15, 2019 History

Download The Wealth of Nations by Adam Smith PDF free. “The Wealth of Nations” is a must read for anyone interested in the creation of wealth.

Description of The Wealth of Nations by Adam Smith PDF

“The Wealth of Nations” is a very well worth reading book by anyone interested in public policy or economics. Adam Smith is the author of this book. This is the most important book in Economics. A great book that collects and describes the best ideas for the organization of the modern economy. In addition this book also explains why these ideas work, and work well. An incredibly perceptive analysis of economics, politics, religion and human nature that is relevant today. Published in 1776, he also presents a contemporary United Kingdom view of the American Revolution and a proposal for a peaceful resolution that could be the plot of an alternative history. Smith combined economics, political theory, history, philosophy and pragmatism. In his book, he discusses various economic issues and puts forth his preference for laissez-faire capitalism. At the time, many economists had great regard for him. They are just as relevant today, for example, his thoughts on use of money or how politics and money intersect, fiscal, monetary and regulatory policy.

In book two he addresses stock, the accumulation of capital and labor. In book three he covers nations, the historical analysis of the Roman Empire, Europe’s discouragement from agriculture, the rise of towns and how commerce in towns contributed to the improvement of the country. He recognizes it was the wealth acquired in the cities that caused a mere country gentleman to profit. The efficiency, if you will of a free market economy. It’s the only way, that vast wealth can be created and that eventually, that people can rise from poverty. Even though economics have changed since 1776–not much has changed since that time. This brilliant political economic book is just as relevant today. It is well worth reading by anyone interested in public policy or economics.