Ratings15
Average rating3.9
Adam Smith's The Wealth of Nations was recognized as a landmark of human thought upon its publication in 1776. As the first scientific argument for the principles of political economy, it is the point of departure for all subsequent economic thought. Smith's theories of capital accumulation, growth, and secular change, among others, continue to be influential in modern economics. This reprint of Edwin Cannan's definitive 1904 edition of The Wealth of Nations includes Cannan's famous introduction, notes, and a full index, as well as a new preface written especially for this edition by the distinguished economist George J. Stigler. Mr. Stigler's preface will be of value for anyone wishing to see the contemporary relevance of Adam Smith's thought.
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This was an interesting read given it was originally published in 1835. It offers an impartial point of view of life and politics in America at that time. The array of topics, issues, benefits, ways of life, etc. discussed is seemingly endless. That being said... it was a very long book. I found some parts more interesting than others. Some are even prophetic. I started off strong but got bored by the end. Still, it was an enjoyable read for what it was. I didn't go into it expecting to be entertained.