Essays on Philosophical Subjects (Illustrated)

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    While on tour, Smith began work on a manuscript on political economy. This work appeared some years later as The Wealth of Nations.

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    A tour de force, the book argued that the wealth of a country was the sum of the goods produced and consumed by its people, not the monetary wealth, gold, and treasures owned by the nobility. It also argued that society was guided as if an "invisible hand" directed the selfish interests of individuals toward actions that were in the collective interest of everyone.

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    This process tended to be self-regulating. Competition and the profit motive combined to force producers to offer better products at lower prices and to allocate the factors of production to those activities favored by consumers. The Wealth of Nations addressed numerous other issues as well, including the division of labor, the determinants of price, the origins of value, the benefits of international trade, and even economic growth.

    Oddly enough, The Wealth of Nations was not well received at first. In time, however, it found an audience, especially among the merchant and manufacturing classes who found in it a moral justification for the enormous energies that society was devoting to commerce and trade. Essays on Philosophical Subjects. The Principles which lead and direel Philosophical Enquiries illujli ated.

    Essays on Philosophical Subjects

    The Principles which lead and direel Philosophical Enquiries illustrated. The Principles which lead and direcl Philosophical Enquiries illustrated. Of the Affinity between Music Dawting and Poetry.

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    The History of the Ancient Physics 3. The History of the Ancient Logics and Metaphysics 4. This book is for the readers who need to learn and study The Invisible Hand of free market from a natural law perspective. Read more Read less.

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    Customers who bought this item also bought. Page 1 of 1 Start over Page 1 of 1. The Theory of Moral Sentiments. On the Nature of Things Hackett Classics. The Fable of the Bees. Caleb Williams Oxford World's Classics.

    Essays on Philosophical Subjects.

    There was a problem filtering reviews right now. Please try again later. Thank you for your fast service and well represented product. Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers.

    Learn more about Amazon Giveaway. Set up a giveaway. Customers who viewed this item also viewed. The Wealth of Nations Modern Library.

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    Essays on Philosophical Subjects (Illustrated). The book also has an active table of contents for readers to access each chapter of the following titles: 1. Essays on Philosophical Subjects (Illustrated) eBook: Adam Smith, Timeless Books: www.farmersmarketmusic.com: Kindle Store.

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    There's a problem loading this menu right now. The Wealth of Nations. Write a product review. Of the Sense of Touching ip. Ratings and Reviews 0 0 star ratings 0 reviews. But it is otherwise with systems of Moral Philosophy.