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The Wealth of Nations torrent |
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777F76761B7726DF4FAE53077BEB94709B8EF6A4 |
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| Torrent language: |
English |
| Total Size: |
607.66 MB |
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| Torrent added: | 2011-01-15 22:24:49 |
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Torrent Description
Category: EducationLanguage: EnglishKeywords: Economic Theory Economics Nations WealthAdam Smith First published in 1776, this work is the classic statement of economic liberalism or the policy of laissez-faire. Several fundamental principles or ”axioms” were introduced in this work, including the division of labor, supply-and-demand, and free market capitalism as some of the most obvious. Smith’s political economy is primarily individualistic: self-interest is the incentive for economic action. However, he shows that universal pursuit of self-interest contributes to the public interest, a concept probably best encapsulated by John F. Kennedy when he remarked, ”a rising tide raises all boats.”
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