Description
This seminal work by Adam Smith lays the foundation for modern economic theory, exploring the nature and causes of wealth. It delves into the division of labour, the function of markets, and the role of self-interest in economic prosperity. Smith examines the origins and use of money, the real and nominal price of commodities, and the natural and market price dynamics. The book also discusses wages, profits, and rent, providing a comprehensive analysis of economic principles that continue to influence contemporary thought. With an introduction by Ludwig von Mises, this edition offers insights into the enduring relevance of Smith's ideas.
Published 1962, Third Printing
Condition: Well Read