Michelle's Reviews > An Inquiry into the Nature and Causes of the Wealth of Nations

An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith
Rate this book
Clear rating

by
F 50x66
's review

it was amazing

Up there with the Bible as one of the most misquoted books of all time? I strongly suspect that most people who believe themselves to be disciples of Adam Smith have never actually read this book. Adam had no time for theoretical economic models and doctrinaire dog-eat-dog free market dogma. He was an empiricist and a moralist who believed people should be given the opportunity to make the best of themselves, but that the most vulnerable members of society should be taken care of by the group. Hard going at times, but pick around the long sections on obsolete institutions of the day, and prepare to be surprised. By the way, the metaphor of "the invisible hand" - the most abused quotation of all - is mentioned once in passing within this enormous tome.
20 likes · flag

Sign into Goodreads to see if any of your friends have read An Inquiry into the Nature and Causes of the Wealth of Nations.
Sign In »

Reading Progress

Finished Reading
October 19, 2010 – Shelved

No comments have been added yet.