[This is Part 1 of a 2-part Audiobook CASSETTE Library Edition in vinyl case.]
First published in 1776, this work is the classic statement of economic liberalism or the policy of laissez-faire. Several fundamental principles or ''axioms'' were introduced in this work, including the division of labor, supply-and-demand, and free market capitalism as some of the most obvious. Smith's political economy is primarily individualistic: self-interest is the incentive for economic action. However, he shows that universal pursuit of self-interest contributes to the public interest, a concept probably best encapsulated by John F. Kennedy when he remarked, ''a rising tide raises all boats.''
|Manufacturer:||Blackstone Audio, Inc.|
|Publisher:||Blackstone Audio, Inc.|
|Studio:||Blackstone Audio, Inc.|
|Item Size:||2 x 9.5 x 9.5 inches|
|Package Weight:||1.58 pounds|
|Package Size:||6.78 x 2.35 x 2.35 inches|
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