by Adam Smith · Alianza · tapa blanda · ISBN 9788420635965
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The Wealth of Nations is a fundamental work by Adam Smith, considered the father of modern economics. In this book, Smith explores the principles of economic liberalism, arguing that wealth comes from labor and that the market, regulated by competition, is the most efficient mechanism for allocating resources. This edition, published by Alianza Editorial, offers a selection of books I, II, III, IV and V, with a translation and preliminary study by Carlos Rodríguez Braun.
Adam Smith was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by many as the "father of economics", or the "father of capitalism", he is primarily known for two classic works: The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is regarded as his magnum opus, marking the inception of modern economic scholarship as a comprehensive system and an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of divine will and instead appeals to natural, political, social, economic, legal, environmental and technological factors, as well as the interactions among them. The work is notable for its contribution to economic theory, particularly in its exposition of the concept of absolute advantage.
