An Inquiry Into The Nature And Causes Of The Wealth Of Nations.

Philadelphia: Printed By Thomas Dobson, 1796. Second American Edition. The first American edition, also published by Dobson, was issued in 1789. ''Although Adam Smith did not create the study of political economy, The Wealth Of Nations, coming at a point when 'natural liberty' was being debated, had a decisive influence both on the study of national economy and on the freeing of economic policy from the artificial restraint of the mercantilist system. Smith's statement that labour is the source of a nation's commodities and that the variations in 'stock'' values are due to the interaction of wages, profits, and rent, formulated the doctrine of the classic school of economic thought, and round it all modern economic discussion has revolved."' (PMM) "Originally published in 1776, Adam Smith's The Wealth of Nations was lauded by America's founders as a landmark work of Enlightenment thinking about national wealth, statecraft, and moral virtue. Today, Smith is one of the most influential icons of economic thought in America." (Princeton University Press on Glory M. Liu's 'Adam Smith's America: How A Scottish Philosopher Became An Icon Of American Capitalism') Evans 31196. Kress B.3288. Smith 82305. Vanderblue p. 20. cfPMM 221. 3 Volumes. 12mo. pp. viii, [9]-412; vi, [7]-430; v, [1]blank, [7]-387, [1]blank, [53]index. contemporary tree sheep (head of spines chipped, scattered foxing, paper toned). elala5912