Adam Smith

The Essays of Adam Smith (eBook, ePUB)

Foundational Essays in Economic Philosophy
Redaktion: Hutton, James; Black, Joseph

• Format: ePub

Produktbeschreibung

In 'The Essays of Adam Smith,' the renowned economist Adam Smith delves into various economic and philosophical topics, offering insightful analysis and observations. Written in a clear and concise style, Smith's essays reflect the intellectual climate of the Enlightenment era and serve as foundational texts in the field of economics. Through his exploration of concepts such as the division of labor and the invisible hand, Smith provides readers with a deeper understanding of the principles that govern economic systems. His emphasis on rational self-interest and market mechanisms continues to shape modern economic thought. Adam Smith's essays represent a significant contribution to the development of economic theory, highlighting his role as a pioneering figure in the discipline. His work continues to influence scholars and policymakers today, making 'The Essays of Adam Smith' essential reading for those interested in economics and its historical evolution.

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Produktdetails

• Verlag: Good Press
• Seitenzahl: 615
• Erscheinungstermin: 21. November 2019
• Englisch
• ISBN-13: 4057664647924
• Artikelnr.: 58499884

Autorenporträt

Adam Smith (16 June 1723 - 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism.'' Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage. Smith studied social philosophy at the University of Glasgow and at Balliol College, Oxford. After graduating, he delivered a successful series of public lectures at the University of Edinburgh, leading him to collaborate with David Hume during the Scottish Enlightenment. Smith obtained a professorship at Glasgow, teaching moral philosophy and during this time, wrote and published The Theory of Moral Sentiments. In his later life, he took a tutoring position that allowed him to travel throughout Europe, where he met other intellectual leaders of his day. Smith laid the foundations of classical free market economic theory. The Wealth of Nations was a precursor to the modern academic discipline of economics. In this and other works, he developed the concept of division of labour and expounded upon how rational self-interest and competition can lead to economic prosperity. Smith was controversial in his own day and his general approach and writing style were often satirised by writers such as Horace Walpole.