Adam Smith
1970
Adam Smith's masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's new Introduction for this edition both clarifies Smith's analyses and illuminates his overall relevance to the world in which we live. As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century--jobs, wages, politics, government, trade, education, business, and ethics."From the Trade Paperback edition.
An intellectual cornerstone in the realm of economic thought, Smith's magnum opus remains a beacon of rational inquiry into the mechanics of wealth generation. The rigor with which Smith dissects the principles of free markets is commendable, aligning perfectly with the ethos of industrial excellence and rational self-interest. His arguments are constructed with a logic as unassailable as the laws of physics, making this tome a necessary addition to any rational individual's library.
