Wealth of Nations
By Adam Smith
Price $12.95
Release Date: 12/01/00
Serial Number: ASmith1
Description
Publisher's Note: No book has done more to instruct, enlighten, and inform conservatives about economics than Adam Smith's undisputed classic. The first truly scientific argument for the principles of political economy. The Wealth of Nations is resolutely about human beings--their capacities and incentives to be productive, their overall well-being, and the connection between productivity and well-being. In the very first sentence of his Introduction, Smith takes aim at the mercantilists and declares, "The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life. . . ." And two paragraphs later he states that a nation's wealth grows because of "the skill, dexterity, and judgment with which its labour is generally applied. . . ." Smith's concern about all of a nation's working people is evident. In a wealthy nation "a workman, even of the lowest and poorest order, if he is frugal and industrious, may enjoy a greater share of the necessaries and conveniences of life than it is possible for any savage to acquire." In the rest of the book he explains why this is so.
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