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The Wealth of Nations: Books 1-3 (Penguin Classics)

Name: The Wealth of Nations: Books 1-3 (Penguin Classics)
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Book Synopsis: The classic economic treatise that inspired Thomas Piketty’s Capital in the Twenty-First Century. The publication of The Wealth of Nations in 1776 coincided with America’s Declaration of Independence, and with this landmark treatise on political economy, Adam Smith paved the way for modern capitalism, arguing that a truly free market – fired by competition yet guided as if by an ‘invisible hand’ to ensure justice and equality – was the engine of a fair and productive society.

Books I - III of The Wealth of Nations examine the ‘division of labour’ as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money and the importance of wages, profit, rent, and stocks, but the real sophistication of his analysis derives from the fact that it encompasses a combination of ethics, philosophy, and history to create a vast panorama of society.

This edition contains an analytical introduction offering an in-depth discussion of Smith as an economist and social scientist, as well as a preface, further reading, and explanatory notes by Andrew Skinner.

For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,700 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.

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Discover the timeless wisdom of Adam Smith's The Wealth of Nations: Books 1-3 (Penguin Classics) and unlock the secrets to building a prosperous society. As the economic treatise that inspired Thomas Piketty's Capital in the Twenty-First Century, this groundbreaking book is a must-have for anyone seeking to understand the foundations of modern capitalism.

With its publication coinciding with America's Declaration of Independence, The Wealth of Nations laid the groundwork for a truly free market where competition thrives and justice prevails. Smith's visionary ideas on the 'invisible hand' guide the engine of a fair and productive society, ensuring both equality and progress.

Books I - III of The Wealth of Nations delve into the concept of the 'division of labor,' which propels economic growth by fostering interdependence among individuals within society. Moreover, Smith explores the origins of money, the significance of wages, profit, rent, and stocks, revealing the intricacies of the economic world we live in. What sets Smith's analysis apart is his interdisciplinary approach, intertwining ethics, philosophy, and history to create a comprehensive panorama of society.

By delving into this edition of The Wealth of Nations, you'll gain access to an analytical introduction by Andrew Skinner, offering a deep dive into Smith as an economist and social scientist. Additionally, the book features a preface, further reading suggestions, and explanatory notes to further enhance your understanding of this seminal work.

As a leading publisher of classic literature globally, Penguin has been trusted for over seventy years to bring you the best works of history and literature. Penguin Classics represents the pinnacle of literary excellence, with authoritative texts and notes from esteemed scholars and contemporary authors. This edition of The Wealth of Nations is no exception, boasting up-to-date translations by award-winning translators.

Don't miss out on this opportunity to own a piece of economic history. Embrace the insights of Adam Smith and join the ranks of those who understand the intricate workings of our economic system. Enhance your knowledge and perspective today with The Wealth of Nations: Books 1-3 (Penguin Classics).

Click here to order now and embark on a journey through the principles that have shaped our society and economy.

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