Item #66422 An Inquiry into the Nature and Causes of the Wealth of Nations. Adam SMITH.
An Inquiry into the Nature and Causes of the Wealth of Nations.

An Inquiry into the Nature and Causes of the Wealth of Nations.

London: Printed for A. Strahan; and T. Cadell jun. and W. Davies, 1789. [Economics] FIFTH EDITION. Complete in three volumes. Octavo (22 x 14cm), pp.[2] x; 499 [3]; pp.[2] vi; 518 [6]; pp.vi; 465; [1]; [50]; [2], blank. With an appendix to volume II, and an index to volume III. Original brown calf, edges tinted yellow, expertly respined to style. Contents clean, pencil ownership to first volume, light expected wear to covers; near fine. Most attractive. Reputedly stolen by Gypsies at the age of three, Smith grew up to become one of the pillars of the Scottish Enlightenment, winning fame as a moral philosopher as well as an economist. In 'The Wealth of Nations,' Smith laid the intellectual foundations for a liberal free-market society, and in so doing revolutionised the understanding of how societies, governments, and markets interact. He always insisted, from 'The Theory of Moral Sentiments' onwards, that the 'invisible hand of the market' would regulate capitalist impulses and channel excessive behaviour into productive and beneficent projects. 'The Wealth of Nations' further addresses questions of sovereignty of colonies, the origins of coinage, and the concept of credit, all of which would have a profound influence on the germinating United States of America, which declared independence in July 1776, the same year that Smith's work was first published. Item #66422

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