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The Wealth of Nations Part II

Unabridged Audiobook

Written By: George H. Smith

Narrated By: Craig Deitschman

Publisher: Blackstone Audiobooks

Date: January 2007

Duration: 2 hours 30 minutes

Summary:

First published in 1776, this work is the classic statement of economic liberalism or the policy of laissez-faire. Several fundamental principles or "axioms" were introduced in this work, including the division of labor, supply-and-demand, and free market capitalism as some of the most obvious. Smith's political economy is primarily individualistic: self-interest is the incentive for economic action. However, he shows that universal pursuit of self-interest contributes to the public interest, a concept probably best encapsulated by John F. Kennedy when he remarked, "a rising tide raises all boats."

“Edwards enunciates with unusual clarity, which helps with a book published in 1776.” —Talking Book Review

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Wealth of Nations Part II

by George H. Smith

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Wealth of Nations Part II, George H. Smith