Wealth of Nations (Great Minds Series)

by Adam Smith | Philosophy | This book has not been rated.
ISBN: 0879757051 Global Overview for this book
Registered by UbSiA of Norderstedt, Schleswig-Holstein Germany on 9/25/2006
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This book is in the wild! This Book is Currently in the Wild!
1 journaler for this copy...
Journal Entry 1 by UbSiA from Norderstedt, Schleswig-Holstein Germany on Monday, September 25, 2006
"Political economy had been studied long before Adam Smith. But Wealth of Nations (1776) established it for the first time as a seperate science. Smith based his arguments on vast historical knowledge, and developed his principles with remarkable clarity. What set this work apart was its statement of the doctrine of natural liberty. Smith believed that 'man's self-interest is God's providence' - that the government abstained from interfering with free competition, the invisible hand of capitalism would emerge from the competing claims of individual self-interest. Industrial problems would be resolved and maximum efficiency reached. After more than two centuries, Smith still stands as the best statement and defense of the fundamental principles of capitalism."

Since I don't have any time right now and a friend of mine was really interested in this book, I gave it to him. Wonder wether he is going to register...

Journal Entry 2 by UbSiA from Norderstedt, Schleswig-Holstein Germany on Thursday, February 01, 2007
Now this book is back... sadly that my friend didn't make any journal entry. :-(

Since I never read this book until now, it's time for a release so it might continue its journey.


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