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May 18, 2024 · The Wealth of Nations, work by the Scottish economist and philosopher Adam Smith, first published in 1776, that became a foundational study in the history of economics and the first formulation of a comprehensive system of political economy. Despite its renown as the first great work of political.
May 18, 2024 · In this influential treatise, Scottish philosopher Adam Smith meticulously examines the factors that drive a nation's prosperity. He argues that true wealth is generated not by government ...
- 15 min
- [I01] Economic English Book Summary
May 21, 2024 · Books I - III of The Wealth of Nations examine the 'division of labour' as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money and the importance of wages, profit, rent and stocks; but the real sophistication of his analysis derives from the fact that it encompasses a ...
May 15, 2024 · Invisible Hand: The term “invisible hand” is a metaphor for how, in a free market economy, self-interested individuals operate through a system of mutual interdependence to promote the general ...
- Christina Majaski
- 2 min
May 15, 2024 · Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich’s Introduction both clarifies Smith’s analyses and illuminates his overall relevance to the world in which we live.
May 9, 2024 · The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith. First published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth and is today a fundamental work in classical economics.
3 days ago · Four values are given for the national IQ (mean IQ in the country), the 2002 (from IQ and the Wealth of Nations), 2006 (from IQ and Global Inequality), 2012 (from Intelligence, a Unifying Construct for the Social Science), 2023 (The Intelligence of Nations.
