The Wealth of Nations

De: Adam Smith

Narrado por: Gildart Jackson

The foundation for all modern economic thought and political economy, The Wealth of Nations is the magnum opus of Scottish economist Adam Smith, who introduces the world to the very idea of economics and capitalism in the modern sense of the words. Smith details his argument in five books:

• Book I. Of the Causes of Improvement in the Productive Power of Labour
• Book II. Of the Nature, Accumulation, and Employment of Stock Introduction
• Book III. Of the Different Progress of Opulence in Different Nations
• Book IV. Of Systems of Political Economy
• Book V. Of the Revenue of the Sovereign or Commonwealth

Taken together, these books form a giant leap forward in the field of economics. A product of the "Age of Enlightenment," The Wealth of Nations is a must for all who wish to gain a better understanding of the principles upon which all modern capitalistic economies have been founded and the process of wealth creation that is engendered by those principles.

Public Domain (P)2010 Tantor

Amazingly accessible

Would you recommend this audiobook to a friend? If so, why?

Absolutely. I had thought the Smith had anticipated much of our current understanding of the way markets function. Instead, he had all of the fundamentals figured out. I was fearing that it would be quite obscure in topic and language, but found it pleasantly accessible, if perhaps a bit long.

As as reading the classics, I would definitely recommend this.

Who was your favorite character and why?

The market.

What about Gildart Jackson???s performance did you like?

It fit the material.

If you were to make a film of this book, what would be the tag line be?

The Way Your World Works

Not just for hard conservatives

I think Adam Smith is among a canon of writers (Ayn Rand definitely included) who are abused by conservatives, many of whom do not seem to be really familiar with the actual writing. So I would encourage progressives to give this a careful listen, even if they are not classical liberals in orientation, as I am. For instance, Adam Smith laid out the argument, at the time of the birth of the United States, that paying workers less than a living wage was unsustainable in a truly market economy. It's on us, then, to answer why this has actually sustained in the US economy, particularly in the time since the 1970s. For his time, he is remarkably thoughtful, he is able for instance to analyze the situation of the English colonies in a way that mostly (not always) avoids descending into racism, for instance really offering a sensible look at the role economics took in souring the relation between the UK and India, and the course of events that inevitably led from this writing in the late 18th century, to India's independence in the 20th century.

The narrator, Mr. Jackson, is lovely in the sense that he has a sartorial style one imagines to involve powdered wigs and stockinged legs - in other words, he reads this as a period piece, and I find this really nice, in that it does help contextualize what Adam Smith was saying in the time he lived, although some things are tremendously insightful, such as it is impressive how insightful his views on monetary policy of his day, including issues we no longer deal with, such as gold coins wearing down, also apply to the modern era, in which cash money has to be increasingly sophisticated to guard against counterfeit. In any event, I think everyone should read this book, regardless of political ideology. For progressives, I think you will find there is more here to value than you think. For conservatives, you should listen to what he actually said and not what a radio pundit told you he said.

The performce is perfect.

I love it very much. It is a good book for read. The overall is amazing.

A 10/10 book, worth listening to.

I have, for quite some time looked forward towords listening to this piece of art.

my new favorite audiobook

narrator rocks. best ive ever heard. book is long but everyvword valuable. i am so happy with this audiobook.

excellent

tough read. but invaluable. learned so much. love the voice. puts a lot into perspective

A Financial Trip, Back in Time

If you enjoy reading books, about contemporary, financial, and economic, issues, this book is for you. This is the financial book, of financial books.

Necessary reading for any Bernie supporter!

Since the original publication of this economic and social analysis there have been many attempts to prove it wrong (i.e. Socialism) but all have failed miserably at considerable cost in human lives. Too bad they didn't study and apply the lessons here.

A Behemoth to Digest, But Worth Every Minute

Due to the immense size of this work and complexities of the subject, I highly recommend going into this with a plan to get through all five books instead of just going from the beginning to the end. Although I gained such an appreciation of Smith's genius, foresight, and economic acumen (for his time, that resonates accurately today), I'll still need to go back and re-listen to each book (actually, each chapter and part) and supplement with additional research and essays from experts who study Smith and his works constantly.

There are some amazing philosophies that rival even Guardians of the Republic (albeit from an economic paradigm). Smith's presentation of taxes, military service, as well as his simplistic description of division of labour and it's impact throughout the broader economy were my favorite topics.

I usually listen at 3x speed, but had to slow to 2.25x. Although the audio was clear at 3x and comprehensible, the subject matter must be digested and I felt that 2.25 was a decent compromise, although I'm sure listening at 1x speed would be even better, but I've ruined myself forever by usually listening at 3x. The narrator was great, but I only give five stars to narrations that are amazing.

Just like philosophy, the tenets of classical economics should be visited by everyone - regardless of profession or personal interest - in order to understand basics of economic theory and how markets work. There are far too many people out there decrying capitalism and free market economics with no real understanding of how it works or detrimental alternatives.

If history is interesting this is for you.

Here is the thing, this is a textbook and old one but one never the less. So old it has somethings that make the modern mind go. What! Really!

But on the other hand, it gave me the history of a great number of words, fine words like Mump which is one of my all-time favourite words and now I know where it came from. But more than that, it gives us a view into economic thinking some of which is true today other elements are not. But even more, it shows us some of the true things were once fair and they are now not. It is this that really challenged my thinking and for that I am grateful.