An Inquiry into the Nature and Causes of the Wealth of Nations Vol 1 (Record no. 8416)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 03830nam a2200229Ia 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | RRU |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20230809121406.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 211214s2021 ||||||||||||||||| ||eng|d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| ISBN | 9788126909377 |
| Printed Price | Rs. 796.00 |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | RRU |
| Language of cataloging | English |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | Eng. |
| 082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Class No. | 330.153 |
| Item number | SMI |
| 100 ## - FIRST AUTHOR (IF A PERSON) | |
| Name of author | Smith, Adam |
| 9 (RLIN) | 6201 |
| 245 #3 - TITLE STATEMENT | |
| Title | An Inquiry into the Nature and Causes of the Wealth of Nations Vol 1 |
| Statement of responsibility | Adam Smith |
| Number of part/section of a work | Vol. 1 |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Name of publisher, distributor, etc. | Atlantic Publishers |
| Date of publication, distribution, etc. | 2008 |
| Place of publication, distribution, etc. | New Delhi, India |
| 300 ## - PHYSICAL DESCRIPTION | |
| No. of pages | lxiv, 510 p. |
| Other physical details | ; 23 cm. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | An inquiry into the nature and causes of the wealth of Nations is the magnum opus of the Scottish economist Adam Smith. It is a compelling account of economics at the dawn of the industrial Revolution, as well as a rhetorical piece written for the generally educated individual of the 18th century—advocating a free market economy as more productive and beneficial to society. The work is hailed as a watershed in history and economics owing to its comprehensive, largely accurate characterization of economic mechanisms that survives in modern economics, and effective use of rhetorical technique including structuring the work to contrast real world examples of free and fettered markets. Like all great books, The wealth of Nations is the outpouring not only of a great mind, but of a whole epoch. Adam Smith laid the foundation of the laissez Faire philosophy by criticizing governmental regulation of trade, commerce and economic activity. The subject matter is divided into five books. Book I deals with the concept of ‘division of labour’ and its impact on the productivity of labour. Adam Smith divides the society into three social classes: capitalists owning capital; landlords owning land and obtaining their income as rent on land; and workers getting their income as wages from selling their labour in the market. Book II deals with capital accumulation and economic growth and is considered to form the cornerstone of wealth of Nations. Book III contains a long historical narrative of the development of agriculture in Europe since the fall of the Roman Empire. Book IV deals with Adam Smith’s critique of both Mercantilism and physiocracy which dominated economic thinking in Europe, especially in Western Europe, for nearly three centuries prior to the publication of this book. In book V, Adam Smith develops a theory of public Finance that has effectively influenced all conservative thinking on public Finance almost until today. In comparatively recent years, especially after the bicentenary celebration of the publication of the wealth of Nations, a renewed interest in classical economics has turned the attention of many economists to re-examine Adam Smith’s contributions to political economy. In this edition of the wealth of Nations, the superb and scholarly introduction by Robin Ghosh will re-ignite discussions and re-interpretation of Smith’s path-breaking work. It will prove immensely useful to the students and teachers of economics, researchers in this field as well as economists and policy make Rs.<br/>Criticizing mercantilists who sought to use the state to increase their nations supply of precious metals, Smith points out that a nation's wealth should be measured by the well-being of its people. Prosperity in turn requires voluntary exchange of goods in a peaceful, well-ordered market. How to establish and maintain such markets? For Smith the answer lay in man's social instincts, which government may encourage by upholding social standards of decency, honesty, and virtue, but which government undermines when it unduly interferes with the intrinsically private functions of production and exchange. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Subject heading | Economics |
| 9 (RLIN) | 3759 |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Subject heading | Political science |
| 9 (RLIN) | 940 |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Subject heading | Classical school of economics |
| 9 (RLIN) | 6153 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Books |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan (e.g. reference copy) | Home library | Current library | Date acquired | Purchase price (after disc. etc) | Full call number | Accession No | Date last seen | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Rashtriya Raksha University | Rashtriya Raksha University | 10/08/2021 | 796.00 | 330.153 SMI | 10746 | 14/12/2021 | 14/12/2021 | Books |