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On the Wealth of Nations

ebook
1 of 1 copy available
1 of 1 copy available
The #1 New York Times–bestselling political humorist reads Adam Smith’s classic economic treatise—so you don’t have to.
 
Recognized almost instantly on its publication in 1776 as the fundamental work of economics, The Wealth of Nations was also recognized as really long. The original edition totaled over nine hundred pages in two volumes—including the blockbuster sixty-seven-page “Digression concerning the Variations in the Value of Silver during the Course of the Four last Centuries,” which, to those uninterested in the historiography of currency supply, is like reading Modern Maturity in Urdu.
 
Although daunting, Adam Smith’s tome is still essential to understanding such current hot topics as outsourcing, trade imbalances, and Angelina Jolie. In this witty, approachable, and insightful examination of Smith and his groundbreaking work, P. J. O’Rourke puts his trademark wit to good use, and shows us why Smith is still relevant, why what seems obvious now was once revolutionary, and why the pursuit of self-interest is so important.
 
“If there is anyone on the planet who can make Adam Smith as entertaining and informative as he was prophetic, it’s P. J. O’Rourke.” —The Weekly Standard
 
“Hilarious . . . Learning history while better understanding the current economy—and laughing while doing it? Hard to ask for more.” —Rocky Mountain News
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    • Publisher's Weekly

      November 27, 2006
      The famous satirist headlines a new series of Books That Changed the World," in which well-known authors read great books "so you don't have to." While irreverently dissecting Adam Smith's 18th-century antimercantilist classic, The Wealth of Nations
      , O'Rourke continues the dogged advocacy of free-market economics of his own books, such as Eat the Rich
      . His analysis renders Smith's opus more accessible, while providing the perfect launching pad for O'Rourke's opinions on contemporary subjects like the World Bank, defense spending and Bill Moyers's intelligence (or lack thereof, according to O'Rourke). Readers only vaguely familiar with Smith's tenets may be surprised to learn how little he continues to be understood today. As O'Rourke observes, "there are many theories in , but no theoretical system that Smith wanted to put in place, except 'the obvious and simple system of natural liberty establishes itself of its own accord." Libertarian that he is, O'Rourke would probably agree that one shouldn't take only his word on Smith. Still, the book reads like a witty Cliffs Notes
      , with plenty of challenges for the armchair economist to wrap his head around.

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  • English

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