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An Inquiry into the Nature and Causes of the wealth of Nations By Adam Smith

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Contents:

1. The Wealth of Nations, by Adam Smith


Also available:

The Complete Harvard Classics Collection (51 Volumes + The Harvard Classic Shelf Of Fiction)
50 Masterpieces You Have To Read Before You Die (Golden Deer Classics)

Hardcover

First published January 1, 1909

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About the author

Charles William Eliot

429 books82 followers
Charles William Eliot was an American academic who was selected as Harvard's president in 1869. He transformed the provincial college into the preeminent American research university. Eliot served the longest term as president in the university's history.

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Displaying 1 - 2 of 2 reviews
Profile Image for Pastor Greg.
188 reviews20 followers
August 30, 2021
I know of few people who would enjoy this. But I did. Although I admit to breaking this down and reading it over a 20 day period, as I have a good number of these Harvard Classics. But if you are in any way interested in Economics and/or the History of Economics, then this is a MUST read.

You will hear few other works or authors cited as often as Adam Smith when discussions of Economic Theory and Development are going on. And who doesn't love to sit down and talk economics over a cup of coffee?? (That's sarcasm, for those whose sarcasm meter is broken.) Let's drop some quotes (paraphrased, of course) from Friedman, Stein and Smith...

But back to this book... I am committed to as full a comprehension of the books I read as possible. So that means that when it comes to heavy works like this, I get the hard copy (I bought the entire Harvard non-fiction five foot shelf), the Kindle AND if available I also get the audio book version. This allows me to use Whispersync (which is as GLITCHY as can be, but I muscle through). I read and listen and it helps me grasp the content. I recommend that you do the same IF you decide to read this.

What do you get out of this book if you do read it? A comprehensive view of the economic world at the time of the founding of the United States in 1776. An overview of the history (with Smith's own observations, experiences and opinions) of money, the gold standard, insurance, government-established monopolies, tarrifs, bounties, taxes, etc. And much more.

If you have a good grasp of 18th century history in America and Great Britain, you will learn some of the behind-the-scenes influences that explain why things turned out the way they did. You will gain understanding into the case made for a "standing army", the argument for Free Trade (meaning the end of tarrifs, monopolies and bounties on ALL sides and not today's "free trade" set up by Globalists with only American giving away the farm while our competitors rig the game with their tarrifs, unfair labor practices, state-interferences), etc.

Of course, you will gain a better understanding, in CONTEXT, of Smith's most well-known quotation:

"and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention." -- Smith, Adam. The Wealth of Nations (p. 168). Neeland Media LLC. Kindle Edition.
Profile Image for Peter J..
Author 1 book8 followers
May 13, 2014
This was an excellent, though very, very long work.
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