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The Wealth of Nations (Bantam Classics)

The Wealth of Nations (Bantam Classics)
Author: Adam Smith
ISBN 13: 9780553585971
ISBN 10: 553585975
Edition: Reprint
Publisher: Bantam Classics
Publication Date: 2003-03-04
Format: Mass Market Paperback
Pages: 1264
List Price: $7.99

The Wealth of Nations is a treasured classic of political economy. First published in March of 1776, Adam Smith wrote the book to influence a special audience - the British Parliament - and its arguments in the early spring of that year pressed for peace and cooperation with Britain's colonies rather than war. Smith's message was that economic exploitation, through the monopoly trade of empire, stifled wealth-creation in both home and foreign lands. Moreover, protectionism preserved the status quo, and privileged a few elites at the expense of long run growth. Smith wrote, "It is the industry which is carried on for the benefit of the rich and the powerful that is principally encouraged by our mercantile system. That which is carried on for the benefit of the poor and the indigent is too often either neglected or oppressed."