Sweeping in scope, excruciating in detail. There is something for everyone, but everything for no one. Who indeed could have equal interest in the changing price of corn, the theory of political economy, the principles of economics, trade policy, and the advice for support of state for church? A magisterial work no doubt, but not one for the modern reader. Why I read it myself is not perfectly clear.

The first few chapters are great. Smith grapples with many of the issues economists still talk about today. He lost me in his meticulous attempt at measuring the price of silver and corn over the centuries. Worth a read for the historical significance, but be prepared to skim heavily!

"Wealth of Nations - Book 1 to 3" by "Adam Smith" is one of the most popular treatise on economics,I have read and maybe that I ever will read. Adam Smith has been considered as the father of Modern Economics. Well, in the first 3 books which I have read now, there is a myriad knowledge on Economics which is quite relatable to the present day world. Although, this book has been written around 1770's but still much of it's principles are applicable even today. The reason I conclude for this is ma...

What is this book about?This book is basically about the fundamentals of what we today call capitalism, the free market economy and ‘the invisible hand’. It is a very long and boring book. However the way Smith uses mathematical examples as well as anecdotes makes the reading bearable. In the 18th century employers had the understanding that underpaying laborers was good for business but the writer refuted this practice saying:We have pay the workers more than their basic needs, so that they can...

"The Wealth of Nations" by Adam Smith is a collection of three books on different subjects in economic theory, marketing philosophy and economics. All of these books contain numerous subjects. The first book is titled "Of the Causes of Improvement in the productive Powers of Labour". This book talks about the division of labor and how certain professions buy and sell more and have a greater output in a market. This book also talks about the importance of stock and wages in a company. The second

A historic and classic work, of course. However, quite boring in parts.Would recommend reading the first 6 or 7 chapters in book 1 along with books 2 and 3 to glean what you may from the most famous, well-known, and practical sections. The last half of book 1 (about 100 pages) merely concerns the historical value/ price of silver, rent of land, and various types of produce; books 4 and 5 detail many aspects of the mercantile system; interesting, I suppose, if you are the right type of person.

Read this with a commentary putting this in the 18th century context of the Scottish Enlightenment (think Joseph Black, Adam Ferguson and David Hume), Mercantilism, and the French Enlightenment.What a fascinating read. Really interesting to see the original in the 18th century context. These ideas are so fundamental to modern day economic theory and I often see these ideas referenced in current political and economic analysis.I was especially interested to read the theories about natural prices

Three things happened in 1776.1. The Revolutionary war started (Declaration of Independence).2. Watt's first steam engine powered Wilkinson'siron foundry blowers.3. Adam Smith published "The Wealth of Nations".

Knowing its impact on films, I was extremely excited going into Orson Welles's Citizen Kane. However, after watching the film I was disappointed by how generic it is to me. The fact is, Citizen Kane had shaped the way movies are made to such a degree that everything revolutionary about the film just seems like basic film language to modern audiences.I have no doubt that Adam Smith's The Wealth of Nations is a world-changing text. It pens down the foundation of what we understand as economics tod...

Don't. Read excerpts. It's a dull book – not a criticisms of its ideas, what it's led to, or anything like that, but to read it today, without a direct interest, is tedious. Good start, nice bit about banking in book 2, some interesting history in book 3, but overall it's longwinded. Areas where it comes to point in a succinct manner are the exception and the style is nothing remarkable.

At 48.93271% into The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor by Adam Smith, I gave up. The book was just dragging on, nothing new I didn't get from business/commerce lessons in high school and from micro- and macro-economics units at the university. While it would have been the best economic book ever written in the 1700s, it is irrelevant (to some degree) to the 21st century concepts.The book aims to create a 'new' understanding of economics. Smith writes largely

The Wealth of Nations is not an easy read, but it is the best, most truthful look at industrial and geopolitical finance, capitalism and free-market functionality ever written.If you have ever wondered why something that occurs in some far off land can have an economic impact felt round the world, then the answer can be found in this book.

Some might read Adam Smith for guidance on the economics of today, and that would be a poor idea. It's more interesting, especially in this condensed form, as a record of an eighteenth century worldview, and an opportunity to reflect upon the way old worldviews insinuate themselves into the baseline assumptions of later perspectives. Smith's economics are primarily concerned with the production and consumption of stuff, which is as good a place to begin as any, since we humans do require certain...

Completely outdated reading. This book is only interesting from a historical perspective. Most of the economic concepts presented in this book are very elementary and generally well known to most people, such as supply and demand, the free market, the use of capital, etc. Adam Smith spends a lot of time analyzing archaic topics like the price of a bushel of corn relative to other commodities, and complains about governments borrowing amounts of money that are laughable when compared to what gove...

Classic liberal economics at its finest

i dislike ducks

It’s not an easy read, language being of 18th century and due to no availability of infographics at that time. Dr. Smith does wonderful job of creating lectures to tell you what factors help grow economy and how nations are differing in their progress.When you read it, you find the collective wisdom on economy in the pages of the book. It is the book which will resolve your doubts and ready your fundamentals. Read it once! Read it twice!

A very challenging but rewarding read. I did start it before but found this edition much easier to stick with. I read a lot about economic history already but the genius of Adam Smith is his passive explications of every day trade in its influencing conditions. The book can be numbingly in-depth, porridge for the mind but there in lies its goodness, its intellectual nourishment. So many economics books are just reactions to the zietgeist of the times in which they're published but Smiths work is...

The outstanding assert “Wealth of nations” address the needs of an individual and the Labor struggle in the different class of society. Social imbalance reciprocated with the slice of wages. The bargaining power of an individual decision based on the amount of money in the hand, spending money inherited with earning capacity that also decides for tomorrow's demand. In my point of view, demand creates an individual’s needs and wants, and these two paradoxical attributes are hidden behind the indi...

I'm not going to rate this edition because I didn't read it. I only read from Book One of this Adam Smith book. It seems like old-fashioned economics, but I'm sure many of its principles are relevant today.