The Wealth of Nations - Revision history

Pankratz at 10:59, 18 April 2019

2019-04-18T10:59:40Z

← Older revision		Revision as of 10:59, 18 April 2019
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	''An Inquiry into the Nature and Causes of the Wealth of Nations'' ~~is a philosophical~~ treatise ~~written~~ by [[Adam Smith]] ~~and~~ published in 1776~~. The book becomes an instant success and is translated into French, German, Danish and Italian. Furthermore it directly influenced the British taxation laws in the 1770s~~.		Full title: ''An Inquiry into the Nature and Causes of the Wealth of Nations''. Philosophical treatise by [[Adam Smith]] first published in 1776.

	The importance of the work lies in its foundation of national economy. Smith discusses the factors which contribute to the constant growth of the wealth of a nation and develops a complex theory of the basic principles of modern economic systems. The improvement of social life is treated from a philosophical perspective ~~which contains a lot of depth~~. Smith stresses the importance of productive work of the entire population. Hereby he describes the development of human history in four levels:		The book becomes an instant success and is translated into French, German, Danish and Italian. Furthermore it directly influenced the British taxation laws in the 1770s.

			The importance of the work lies in its foundation of national economy. Smith discusses the factors which contribute to the constant growth of the wealth of a nation and develops a complex theory of the basic principles of modern economic systems. The improvement of social life is treated from a philosophical perspective. Smith stresses the importance of productive work of the entire population. Hereby he describes the development of human history in four levels:

	1. The age of hunters		1. The age of hunters
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	4. The age of commerce		4. The age of commerce

	The fourth and final level comprises the perfect market society in which all people share the same ideology about the efficiency of work for the greater good. The view on history expressed in these four levels is decisively shaped by the enlightenment. Smith's conception leads to a free economic system where not only the factory owners but also the ~~simple~~ workers profit from the competition of all. Smith envisages an environment which secures good conditions for the workers as a direct reaction to the bad living conditions in urban 18th-century England. In addition to that Smith introduces an organisation to support the workers ~~comparably~~ to a trade union.		The fourth and final level comprises the perfect market society in which all people share the same ideology about the efficiency of work for the greater good. The view on history expressed in these four levels is decisively shaped by the enlightenment. Smith's conception leads to a free economic system where not only the factory owners but supposedly also the workers profit from the competition of all. Smith envisages an environment which secures good conditions for the workers as a direct reaction to the bad living conditions in urban 18th-century England. In addition to that Smith introduces an organisation to support the workers comparable to a trade union.

	~~But in contrast to that~~ Smith's ideas about an efficient capitalist market society have been re- and misinterpreted many times since 1776 ~~so that~~ the original text has been marginalized over time~~. Nevertheless it is still relevant today as it introduced many decisive principles of modern economy~~.		Smith's ideas about an efficient capitalist market society have been re- and misinterpreted many times since 1776 and the original text has been marginalized over time.

	Bibliography:		Bibliography:
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	Beck, Rudolf and Konrad Schröder (eds.). ''Handbuch der britischen Kulturgeschichte'', Paderborn: Wilhelm Fink, 2006.		Beck, Rudolf and Konrad Schröder (eds.). ''Handbuch der britischen Kulturgeschichte'', Paderborn: Wilhelm Fink, 2006.

	Skinner, Andrew S. "Economic ~~theory~~." Broadie, Alexander (ed.). ''The Cambridge Companion to the Scottish Enlightenment'', Cambridge: CUP, 2003. 178-204.		Skinner, Andrew S. "Economic Theory." Broadie, Alexander (ed.). ''The Cambridge Companion to the Scottish Enlightenment'', Cambridge: CUP, 2003. 178-204.

Pankratz at 11:55, 16 November 2010

2010-11-16T11:55:12Z

← Older revision		Revision as of 11:55, 16 November 2010
Line 1:		Line 1:
	''An Inquiry into the Nature and Causes of the Wealth of Nations'' is a philosophical treatise written by Adam Smith and published in 1776. The book becomes an instant success and is translated into French, German, Danish and Italian. Furthermore it directly influenced the British taxation laws in the 1770s.		''An Inquiry into the Nature and Causes of the Wealth of Nations'' is a philosophical treatise written by [[Adam Smith]] and published in 1776. The book becomes an instant success and is translated into French, German, Danish and Italian. Furthermore it directly influenced the British taxation laws in the 1770s.

	The importance of the work lies in its foundation of national economy. Smith discusses the factors which contribute to the constant growth of the wealth of a nation and develops a complex theory of the basic principles of modern ~~economical~~ systems. The improvement of social life is treated from a philosophical perspective which contains a lot of depth. Smith stresses the importance of productive work of the entire population. Hereby he describes the development of human history in four levels:		The importance of the work lies in its foundation of national economy. Smith discusses the factors which contribute to the constant growth of the wealth of a nation and develops a complex theory of the basic principles of modern economic systems. The improvement of social life is treated from a philosophical perspective which contains a lot of depth. Smith stresses the importance of productive work of the entire population. Hereby he describes the development of human history in four levels:

	1. The age of hunters		1. The age of hunters
Line 11:		Line 11:
	4. The age of commerce		4. The age of commerce

	The fourth and final level comprises the perfect market society in which all people share the same ideology about the efficiency of work for the greater good. The view on history expressed in these four levels is decisively shaped by the enlightenment. Smith's conception leads to a free economic system where not only the factory owners but also the simple workers profit from the competition of all. Smith ~~designs~~ an environment which secures good conditions for the workers as a direct reaction to the bad living conditions in urban 18th-century England. In addition to that Smith introduces an organisation to support the workers comparably to a ~~labour~~ union.		The fourth and final level comprises the perfect market society in which all people share the same ideology about the efficiency of work for the greater good. The view on history expressed in these four levels is decisively shaped by the enlightenment. Smith's conception leads to a free economic system where not only the factory owners but also the simple workers profit from the competition of all. Smith envisages an environment which secures good conditions for the workers as a direct reaction to the bad living conditions in urban 18th-century England. In addition to that Smith introduces an organisation to support the workers comparably to a trade union.

	But in contrast to that Smith's ideas about an efficient capitalist market society have been re- and misinterpreted many times since 1776 so that the original text has been marginalized over time. Nevertheless it is still relevant today as it introduced many decisive principles of modern economy.		But in contrast to that Smith's ideas about an efficient capitalist market society have been re- and misinterpreted many times since 1776 so that the original text has been marginalized over time. Nevertheless it is still relevant today as it introduced many decisive principles of modern economy.

Pankratz at 16:58, 25 January 2010

2010-01-25T16:58:40Z

← Older revision		Revision as of 16:58, 25 January 2010
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	1. The age of hunters		1. The age of hunters

	2. The age of shepherds		2. The age of shepherds

	3. The age of agriculture		3. The age of agriculture

	4. The age of commerce		4. The age of commerce

	The fourth and final level comprises the perfect market society in which all people share the same ideology about the efficiency of work for the greater good. The view on history expressed in these four levels is decisively shaped by the enlightenment. ~~Smiths~~ conception leads to a free economic system where not only the factory owners but also the simple workers profit from the competition of all. Smith designs an environment which secures good conditions for the workers as a direct reaction to the bad living conditions in urban 18th-century England. In addition to that Smith introduces an organisation to support the workers comparably to a labour union.		The fourth and final level comprises the perfect market society in which all people share the same ideology about the efficiency of work for the greater good. The view on history expressed in these four levels is decisively shaped by the enlightenment. Smith's conception leads to a free economic system where not only the factory owners but also the simple workers profit from the competition of all. Smith designs an environment which secures good conditions for the workers as a direct reaction to the bad living conditions in urban 18th-century England. In addition to that Smith introduces an organisation to support the workers comparably to a labour union.

	But in contrast to that Smith's ideas about an efficient capitalist market society have been re- an misinterpreted many times since 1776 so that the original text has been marginalized ~~overtime~~. Nevertheless it is still relevant today as it introduced many decisive principles of modern economy.		But in contrast to that Smith's ideas about an efficient capitalist market society have been re- and misinterpreted many times since 1776 so that the original text has been marginalized over time. Nevertheless it is still relevant today as it introduced many decisive principles of modern economy.

	Bibliography:		Bibliography:

	Beck, Rudolf and Konrad Schröder (eds.). Handbuch der britischen Kulturgeschichte, Paderborn: Wilhelm Fink, 2006.		Beck, Rudolf and Konrad Schröder (eds.). ''Handbuch der britischen Kulturgeschichte'', Paderborn: Wilhelm Fink, 2006.

	Skinner, Andrew S. "Economic theory." Broadie, Alexander (ed.). The Cambridge Companion to the Scottish Enlightenment, Cambridge: CUP, 2003. 178-204.		Skinner, Andrew S. "Economic theory." Broadie, Alexander (ed.). ''The Cambridge Companion to the Scottish Enlightenment'', Cambridge: CUP, 2003. 178-204.

Pankratz at 16:42, 25 January 2010

2010-01-25T16:42:59Z

← Older revision		Revision as of 16:42, 25 January 2010
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	''An Inquiry into the Nature and Causes of the Wealth of Nations'' is a philosophical treatise written by Adam Smith and published in 1776. The book becomes an instant success and is translated into French, German, Danish and Italian. Furthermore it directly influenced the British taxation laws in the 1770s.		''An Inquiry into the Nature and Causes of the Wealth of Nations'' is a philosophical treatise written by Adam Smith and published in 1776. The book becomes an instant success and is translated into French, German, Danish and Italian. Furthermore it directly influenced the British taxation laws in the 1770s.

	The importance of the work lies in its foundation of national economy. Smith discusses the factors which contribute to the constant growth of the wealth of a nation and develops a complex theory of the basic principles of ~~mordern~~ economical systems. The improvement of social life is treated from a philosophical perspective which contains a lot of depth. Smith stresses the importance of productive work of the entire population. Hereby he describes the development of human history in four levels:		The importance of the work lies in its foundation of national economy. Smith discusses the factors which contribute to the constant growth of the wealth of a nation and develops a complex theory of the basic principles of modern economical systems. The improvement of social life is treated from a philosophical perspective which contains a lot of depth. Smith stresses the importance of productive work of the entire population. Hereby he describes the development of human history in four levels:

	1. The age of hunters		1. The age of hunters

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''An Inquiry into the Nature and Causes of the Wealth of Nations'' is a philosophical treatise written by Adam Smith and published in 1776. The book becomes an instant success and is translated into French, German, Danish and Italian. Furthermore it directly influenced the British taxation laws in the 1770s.

The importance of the work lies in its foundation of national economy. Smith discusses the factors which contribute to the constant growth of the wealth of a nation and develops a complex theory of the basic principles of mordern economical systems. The improvement of social life is treated from a philosophical perspective which contains a lot of depth. Smith stresses the importance of productive work of the entire population. Hereby he describes the development of human history in four levels:

1. The age of hunters
2. The age of shepherds
3. The age of agriculture
4. The age of commerce

The fourth and final level comprises the perfect market society in which all people share the same ideology about the efficiency of work for the greater good. The view on history expressed in these four levels is decisively shaped by the enlightenment. Smiths conception leads to a free economic system where not only the factory owners but also the simple workers profit from the competition of all. Smith designs an environment which secures good conditions for the workers as a direct reaction to the bad living conditions in urban 18th-century England. In addition to that Smith introduces an organisation to support the workers comparably to a labour union.

But in contrast to that Smith's ideas about an efficient capitalist market society have been re- an misinterpreted many times since 1776 so that the original text has been marginalized overtime. Nevertheless it is still relevant today as it introduced many decisive principles of modern economy.

Bibliography:

Beck, Rudolf and Konrad Schröder (eds.). Handbuch der britischen Kulturgeschichte, Paderborn: Wilhelm Fink, 2006.

Skinner, Andrew S. "Economic theory." Broadie, Alexander (ed.). The Cambridge Companion to the Scottish Enlightenment, Cambridge: CUP, 2003. 178-204.