Description
It is central thesis of Smith's 'The Wealth of Nations' is that our individual need to fulfill self-interest results in societal benefit, in what is known as his 'invisible hand'. Adam Smith wrote The Wealth of Nations in 1776 to criticize mercantilism, which was the primary economic system at the time. Under mercantilism, it was believed that wealth was finite. Prosperity could be increased by keeping gold and precious metals and tariffing goods from other countries. Smith laid the foundations
Details
Publisher - True Sign Publishing House Private Limited
Language - English
Perfect Bound
Contributors
By author
Adam Smith
Published Date - 2021-03-01
ISBN - 9789355840066
Dimensions - 21.6 x 14 x 4.7 cm
Page Count - 832
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