File Size: 2303 KB
Print Length: 394 pages
Page Numbers Source ISBN: 1496066359
Publisher: Seedbox Press, LLC (December 13, 2011)
Publication Date: December 13, 2011
Sold by: Digital Services LLC
Language: English
ASIN: B006LWD29M
Text-to-Speech: Enabled
X-Ray: Enabled
Word Wise: Enabled
Lending: Not Enabled
Enhanced Typesetting: Enabled
Best Sellers Rank: #604,887 Paid in Kindle Store (See Top 100 Paid in Kindle Store) #27 in Kindle Store > Kindle eBooks > Business & Money > Economics > Interest #69 in Books > Business & Money > Economics > Interest #178 in Kindle Store > Kindle eBooks > Business & Money > International > Foreign Exchange
I waited until 40+ years after I studied economics in college to get around to reading Wealth of Nations. (It wasn't on the syllabus). Definitely my loss. Is it an easy read? No, but this Kindle edition has modernized spelling and lost the random capitalization. The vocabulary is be a little challenging, but that's why your Kindle has a dictionary built in - and you may also need Google, as I did, for some of the more obscure usages. A little background in 17th-18th century British history also helps. I recommend making plenty of notes in your Kindle as you go.Smith compares/contrasts the economies of hunter-gatherer, nomadic and warrior civilizations, as well as feudal and mercantilist economies, and outlines a free-trade system which he would like to see, which we call "capitalism". Unfortunately, it seems to me that the mercantile system has prevailed in the long run, at least as far as international trade is concerned. He makes considerable use of historical examples as well as contemporary (to him) events, and he seems ambivalent about the prospects for the American colonies which were then in revolt.Wordy? A little repetitive? Yes, Smith could have used a good editor. But not to be missed. And a serious bargain at this price.
Of course this is a classic, and hardly needs my recommendation. My only reason for limiting it to four stars is that it is a difficult read. Smith, an 18th century Scott, doesn't write the English that we speak today. He is extremely detailed, and one must remember he is writing of the English economy of three centuries ago. Some of the analysis is anachronistic, but most remains true to this day.
I purchased the "Kindle Edition, August 6, 2014 - $5.99" Kindle "format" (and I use the term loosely) of this ebook and I wish I could give this rendering of an otherwise magnificent book negative stars. The formatting is terrible. It is not readable. The chapters are out of order, the text does not flow correctly, the "Beginning" of the book is 1/3 of the way through Section 2... it is the worst possible ebook ever produced. Do not buy!
Adam Smith is as relevant today and he was when the Wealth of Nations was published in 1976. Smith was able to look at the world around him and then explain in great detail how barriers to free trade hurt the very people for whose benefit the barriers were erected. I wish that all 9th graders were required to read the Wealth of Nations because they will have to grow up and live in the world Adam Smith described and not the world our public school systems describe. My favorite section of text is: "As every individual, therefore, endeavours as much as he can, both to employ his capital in the support of domestic industry, and so to direct that industry that its produce maybe of the greatest value; every individual necessarily labours to render the annual revenue of the society as great as he can.He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain; and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest, he frequently promotes that of the society more effectually than when he really intends to promote it.I have never known much good done by those who affected to trade for the public good. It is an affectation, indeed, not very common among merchants, and very few words need be employed in dissuading them from it" (Smith, 1776/2003, p. 572).I wholeheartedly recommend this book. Cheers, Larry
Huge depth of economics insights. Just make you buy the version that has the 5 books Adam Smith wrote. I hardly found this among many given in "The Wealth of Nations [Illustrated], the Seedbox Classic Press edition". This edition has the 5 books & extras that may intrest you, I'm just not sure of the other editions, you just be careful.I also have to add this edition is compatible with the unbridged audiobook & whispersync, also it allows you yo download the audio inside kindle & hear as you read.
If you are either studying or just interested in modern day economics then this is a must in fact I would go as far to say that this should be given to every student at the start of the course. Although the language is dated and could do with a more modern update it is still highly valuable text. History is probably the most important subject to all human beings due to the fact that it is what we are today, The Wealth of Nations shows what and where we have evolved from and in doing so shows clearly the current factors that effect our every day lives. After reading this book I carried out a small survey in order to confirm my doubts that not many people have attempted to read this book and found that most had never even heard of Adam Smith! It has become clear to me that in this modern era we have forgotten how to manage our own house hold economics, for this reason our financial institutes are having difficulties with deflation and inflation and even to the extent that market prices vary so drastically as to put a country into debt. Added to this factor we have under achieved our potential economic stability as a planet, the politics and associated systems are weak to say the least and due to this factor the populations have become indifferent to the future of humanity. If more people would read history then more people may come to understand that more is needed in the improvement of society.
The Wealth of Nations [Illustrated] Index Funds: Index Funds Investing Guide To Wealth Building Through Index Funds Investing With Index Funds Investing Strategies For Building Wealth Including ... Guide To Wealth Building With Index Funds) The Iroquois: The Six Nations Confederacy (American Indian Nations) The Wealth of Nations (Modern Library) The Wealth of Nations: Books 1-3 (Penguin Classics) (Bks.1-3) The Wealth of Nations (Bantam Classics) The Wealth of Nations The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor Warren Buffett's 3 Favorite Books: A guide to The Intelligent Investor, Security Analysis, and The Wealth of Nations A Macat Analysis of Adam Smith's The Wealth of Nations The Public Wealth of Nations: How Management of Public Assets Can Boost or Bust Economic Growth The Wealth of Nations: The Economics Classic - A selected edition for the contemporary reader Cities and the Wealth of Nations: Principles of Economic Life Warren Buffett's 3 Favorite Books: A guide to The Intelligent Investor, Security Analysis, and The Wealth of Nations (Warren Buffett's 3 Favorite Books Book 1) The Oil Curse: How Petroleum Wealth Shapes the Development of Nations The Hidden Wealth of Nations: The Scourge of Tax Havens Simple Wealth, Inevitable Wealth: How You and Your Financial Advisor Can Grow Your Fortune in Stock Mutual Funds Rich Dad Advisors: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes The Color of Wealth: The Story Behind the U.S. Racial Wealth Divide Goals-Based Wealth Management: An Integrated and Practical Approach to Changing the Structure of Wealth Advisory Practices (Wiley Finance)