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Review: The Wealth of Nations by Adam Smith
In a primitive society, the whole produce of labor belongs to the laborer. However, in a "civilized" society with private land and accumulated stock, the produce is shared among laborers, landlords, and capitalists.
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The Wealth of Nations is not just a book about money; it is a book about human nature and freedom. While the "full PDF" is a massive undertaking (often over 1,000 pages depending on the format), it is essential reading for understanding the roots of the modern global economy. Review: The Wealth of Nations by Adam Smith
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3. The Theory of Value and Price
- Period: kraj 18. veka, početak industrijske revolucije u Britaniji.
- Društveni okvir: rast gradova, povećanje trgovine, razvoj manufaktura i početni oblici industrijske proizvodnje.
- Intelektualni okvir: prosvetiteljstvo, naglasak na razumu, empiriji i istraživanju ljudskog ponašanja.
