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If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.
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First published in 1776, this work is the classic statement of economic liberalism or the policy of laissezfaire and is widely considered on of the hundred greatest books of all time. 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: selfinterest is the incentive for economic action. However, he shows that universal pursuit of selfinterest contributes to the public interest, a concept probably best encapsulated by John F. Kennedy when he remarked, 'a rising tide raises all boats.'
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