The wealth of nations part ii
(2007)

Nonfiction

eAudiobook

Provider: hoopla

Details

PUBLISHED
[United States] : Knowledge Products, Inc. : Made available through hoopla, 2007
EDITION
Unabridged
DESCRIPTION

1 online resource (1 audio file (2hr., 30 min.)) : digital

ISBN/ISSN
9781433237713 (sound recording : hoopla Audio Book) MWT10026916, 1433237717 (sound recording : hoopla Audio Book) 10026916
LANGUAGE
English
NOTES

Read by Craig Deitschman

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."

Mode of access: World Wide Web

Additional Credits