{"product_id":"an-analysis-of-adam-smiths-the-wealth-of-nations-paperback","title":"An Analysis of Adam Smith's the Wealth of Nations - Paperback","description":"\u003cp\u003eby \u003cb\u003eJohn Collins\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eAdam Smith's 1776 Inquiry into The Nature and Causes of the\u003cem\u003e Wealth of Nations\u003c\/em\u003e - more often known simply as The Wealth of Nations - is one of the most important books in modern intellectual history.\u003c\/p\u003e\u003cp\u003eConsidered one of the fundamental works of classical economics, it is also a prime example of the enduring power of good reasoning, and the ability of reasoning to drive critical thinking forward. Adam Smith was attempting to answer two complex questions: where does a nation's wealth come from, and what can governments do to increase it most efficiently? At the time, perhaps the most widely accepted theory, mercantilism, argued that a nation's wealth was literally the amount of gold and silver it held in reserve. Smith, meanwhile, weighed the evidence and came to a different conclusion: a nation's wealth, he argued, lay in its ability to encourage economic activity, largely without government interference. \u003c\/p\u003e\u003cp\u003eUnderlying this radical redefinition was the revolutionary concept that powered Smith's reasoning and which continues to exert a vast influence on economic thought: the idea that markets are self-regulating. Pitting his arguments against those of his predecessors, Smith carefully and persuasively reasoned out a strong case for free markets that reshaped government economic policies in the 19th-century and continues to shape global prosperity today.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eDr John Collins\u003c\/strong\u003e is a member of the faculty at the London School of Economics, where he is currently Executive Director of the LSE IDEAS International Drug Policy Project.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 90\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.19 x 7.81 x 5.06 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e July 15, 2017\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":47418338541746,"sku":"9781912127085","price":14.51,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0770\/3891\/1666\/files\/93e60cc7c4867f699786ec79cee216dc.webp?v=1778449526","url":"https:\/\/box.dadyminds.org\/products\/an-analysis-of-adam-smiths-the-wealth-of-nations-paperback","provider":"DADYMINDS BOX","version":"1.0","type":"link"}