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Adam Smith's "The Wealth of Nations" was first published in 1776 and almost instantly it was recognized as fundamental to an understanding of economics. It was also recognized as being really long and as P.J. O'Rourke points out, to understand "The Wealth of Nations", the cornerstone of free-market thinking and a book that shapes the world to this day, you also need to peruse Smith's earlier doorstopper, "The Theory of Moral Sentiments." But now you don't have to read either, because P.J. has done it for you. In this hilarious work P.J. shows us why Smith is still relevant, why what seems obvious now was once revolutionary, and how the division of labour, freedom of trade and pursuit of self-interest espoused by Smith are not only vital to the welfare of mankind, they're funny too. He goes on to establish that far from being an avatar of capitalism, Smith was actually a moralist of liberty. As P.J. says, 'It's as if Smith, having proved that we can all have more money, then went on to prove that money doesn't buy happiness. And it doesn't. It rents it.'
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On the Wealth of Nations: A Book That Shook the World
2009, Atlantic Books, Limited
in English
1848872577 9781848872578
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Book Details
Edition Notes
Includes bibliographical references (pages 219-238) and index.
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Work Description
An upbeat dissemination of Adam Smith's "The Wealth of Nations" and "The Theory of Moral Sentiments" condenses and illuminates the key points of the original works while discussing how their messages remain relevant.
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December 10, 2022 | Edited by ImportBot | import existing book |
March 27, 2021 | Created by MARC Bot | Imported from Internet Archive item record |