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Overview
Adam Smith, with his book The Wealth of Nations, in the late 18th century was one of the founders of economics as a discipline. His central theory concentrates on the value he places on self interest, arguing that it is not from the benevolence of others that we receive what we need but out of their regard for their own self interest. When each person pursues his or her own self-interest, society as a whole is led to a condition of benefit for all.
| ISBN-13 | 9780712647472 |
|---|---|
| ISBN-10 | 0712647473 |
| Format | Hardcover |
|---|---|
| Pages | 240 pages |
| Publisher | Vintage/Ebury (A Division of Random House Group) |
| Published On | 1980-01-01 |
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