The Wealth of Nations, Book 5 by Adam Smith

Por: Loyal Books
Adam Smith’s “The Wealth of Nations” gives an in-depth discussion of different economic principles like the productivity, division of labor and free markets. Although written and published more than 200 years ago, it’s still hailed as one of the most original works in the field of economics and is still used as a reference by many modern economists.
“An Inquiry Into the Nature and Causes of the Wealth of Nations” is the complete title of this book and it was first published in 1776, the same year that the American colonies declared their independence from Britain. It’s interesting to note that Adam Smith once suggested to British authorities before this year that they should let the colonies be represented in the British parliament because of the contributions they give to the British Empire. But as we all know, they didn’t follow his suggestion and the Americans in defiance of British rule declared their independence. Experts at the time argued that if the British only followed Smith’s suggestion, the American Revolution wouldn’t have happened.
Aside from this, Adam Smith had many other brilliant ideas about politics and economics, many of which were discussed in this book. He was the first economist to make an in-depth analysis about the division of labor, how it affects productivity, and what real price is. He also explained in this book the reasons why he opposed mercantilism, an economic theory which was very popular during that time. Then, he recommended and discussed here why free trade is better for nations. This was one of the first books about economics which advocates free trade. This concept is very important in modern economics and have now been embraced by most of the whole world.
“The Wealth of Nations” is an indispensable work that every student of economics should read. It’s a timeless classic and many of the concepts discussed in it are still valid today.
18 episodios disponibles

Latest episodes of the podcast The Wealth of Nations, Book 5 by Adam Smith

01 - Ch.1, Of The Expenses Of The Sovereign Or Commonwealth..., part A 02/01/2025
02 - Ch.1, Of The Expenses Of The Sovereign Or Commonwealth..., part B 01/01/2025
03 - Ch.1, Of The Expenses Of The Sovereign Or Commonwealth..., part C 31/12/2024
04 - Ch.1, Of The Expenses Of The Sovereign Or Commonwealth..., part D 30/12/2024
05 - Ch.1, Of The Expenses Of The Sovereign Or Commonwealth..., part E 29/12/2024
06 - Ch.1, Of The Expenses Of The Sovereign Or Commonwealth..., part F 28/12/2024
07 - Ch.1, Of The Expenses Of The Sovereign Or Commonwealth..., part G 27/12/2024
08 - Ch.1, Of The Expenses Of The Sovereign Or Commonwealth..., part H 26/12/2024
09 - Ch.2, Of the Sources of the General or Public Revenue of the Society, part A 25/12/2024
10 - Ch.2, Of the Sources of the General or Public Revenue of the Society, part B 24/12/2024
11 - Ch.2, Of the Sources of the General or Public Revenue of the Society, part C 23/12/2024
12 - Ch.2, Of the Sources of the General or Public Revenue of the Society, part D 22/12/2024
13 - Ch.2, Of the Sources of the General or Public Revenue of the Society, part E 21/12/2024
14 - Ch.2, Of the Sources of the General or Public Revenue of the Society, part F 20/12/2024
15 - Ch.2, Of the Sources of the General or Public Revenue of the Society, part G 19/12/2024
16 - Ch.3, Of Public Debts, part A 18/12/2024
17 - Ch.3, Of Public Debts, part B 17/12/2024
18 - Ch.3, Of Public Debts, part C 16/12/2024
© 2003-2025 ZARZA | AHEAD OF OUR TIME
privacy policy
In God we trust In God we trust
PreSales Questions? Click Here
or call our toll-free line at +1-888-5002068 Miami, Florida, USA