Praise for the majestic 18th-century sentences and acute insight into how the excesses of human nature can be disciplined by free markets ...
Ladies and gentlemen, Two hundred and fifty years ago this month, the “Inquiry into the Nature and Causes of the Wealth of Nations” was published. In this groundbreaking work, Adam Smith stresses the ...
In the opening pages of The Wealth of Nations, Adam Smith invites us into a pin factory. A single laborer, attempting to fashion pins alone, might produce only a handful in a day.