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The Wealth of Nations

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Focusing on economic principles, this foundational treatise explores the advantages of the division of labor, competition, and trade. Adam Smith, recognized as the "father of modern economics," presents the idea that competitive markets enable individuals to pursue their self-interest, ultimately benefiting society as a whole through an "invisible hand." The work lays the groundwork for understanding modern economic theory and emphasizes the interconnectedness of personal and public interests.

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The Wealth of Nations, Adam Smith

Jazyk
Rok vydania
2021
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Platobné metódy

3,9
Veľmi dobrá
296 Hodnotenie

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Jazyk
anglicky
Vydavateľ
Pharos Books
Rok vydania
2021
Väzba
mäkká
Počet strán
762
ISBN13
9789391103019
Série
Hodnotenie
3,9 z 5
Anotácia
Focusing on economic principles, this foundational treatise explores the advantages of the division of labor, competition, and trade. Adam Smith, recognized as the "father of modern economics," presents the idea that competitive markets enable individuals to pursue their self-interest, ultimately benefiting society as a whole through an "invisible hand." The work lays the groundwork for understanding modern economic theory and emphasizes the interconnectedness of personal and public interests.