The Theory of Moral Sentiments(Illustrated)

Business & Finance, Economics, Macroeconomics, Theory of Economics
Cover of the book The Theory of Moral Sentiments(Illustrated) by Adam Smith, AS Team
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Adam Smith ISBN: 1230000266482
Publisher: AS Team Publication: September 7, 2014
Imprint: Language: English
Author: Adam Smith
ISBN: 1230000266482
Publisher: AS Team
Publication: September 7, 2014
Imprint:
Language: English

The book has an active table of contents for easy access to each chapter.

The Wealth of Nations was published in 1776 by Adam Smith.  What set Adam Smith’s work apart was the follows:

1) He believed that self-interest is God's providence

2) If government is away from interfering with free competition, the invisible hand of capitalism would emerge from the competing claims of individual self-interest

3) Free market problems would be resolved and maximum efficiency reached

The invisible hand of the market in economics is to describe the self-regulating behavior of the marketplace. However, the concept was not phrased in the Wealth of Nations by Adam Smith.

Adam Smith first introduced the concept of invisible hand of the market in The Theory of Moral Sentiments, written in 1759. The idea of markets automatically channeling self-interest toward socially desirable ends becomes the foundation of the theory of small government today in the world.

Smith’s reasoning still remains as relevant today as it was then.   This book is one of the most important ones about the deepest thoughts of moral and free market by Adam Smith, one of the greatest thinkers of political economics on the planet.

After more than two centuries, Smith's work still stands as the best statement and defense of the fundamental principles of capitalism. The book is already read more than two hundred years and it will still be read for another century due to its truths.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The book has an active table of contents for easy access to each chapter.

The Wealth of Nations was published in 1776 by Adam Smith.  What set Adam Smith’s work apart was the follows:

1) He believed that self-interest is God's providence

2) If government is away from interfering with free competition, the invisible hand of capitalism would emerge from the competing claims of individual self-interest

3) Free market problems would be resolved and maximum efficiency reached

The invisible hand of the market in economics is to describe the self-regulating behavior of the marketplace. However, the concept was not phrased in the Wealth of Nations by Adam Smith.

Adam Smith first introduced the concept of invisible hand of the market in The Theory of Moral Sentiments, written in 1759. The idea of markets automatically channeling self-interest toward socially desirable ends becomes the foundation of the theory of small government today in the world.

Smith’s reasoning still remains as relevant today as it was then.   This book is one of the most important ones about the deepest thoughts of moral and free market by Adam Smith, one of the greatest thinkers of political economics on the planet.

After more than two centuries, Smith's work still stands as the best statement and defense of the fundamental principles of capitalism. The book is already read more than two hundred years and it will still be read for another century due to its truths.

More books from AS Team

Cover of the book The Wealth of Nations (Illustrated and Extended with Adam Smith Library) by Adam Smith
Cover of the book Principles of Economics (Illustrated) by Adam Smith
Cover of the book Essays on Philosophy, Psychology, Logic, and Intelligence (Illustrated) by Adam Smith
Cover of the book Imperialism, The Highest Stage of Capitalism (Illustrated and Bundled with Capital Volume One to Volume Four) by Adam Smith
Cover of the book John Stuart Mill On Centralisation (Illustrated) by Adam Smith
Cover of the book John Stuart Mill: T. E. Cliffe Leslie On the Land Question (Illustrated) by Adam Smith
Cover of the book The Principles of Biology: Volume 1 and 2 (Illustrated) by Adam Smith
Cover of the book Materialism and Empirio-Criticism: Full Text of 1909 Edition (Illustrated) by Adam Smith
Cover of the book Indian Currency and Finance: Full and Fine Text of 1913 Edition (Illustrated) by Adam Smith
Cover of the book Property and Plunder (Illustrated) by Adam Smith
Cover of the book Frederic Bastiat on Government (Illustrated) by Adam Smith
Cover of the book The Economic Correspondence of David Ricardo: Vol. 3 (Illustrated) by Adam Smith
Cover of the book Adam Smith Classic Collection (Illustrated) by Adam Smith
Cover of the book The Principles of Ethics: Volume One (Illustrated) by Adam Smith
Cover of the book The Varieties of Religious Experience: Full Text of 1901 Edition (Illustrated) by Adam Smith
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy