Revisiting 'The Wealth of Nations' - Arjun Dasgupta
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Two centuries since Adam Smith's groundbreaking treatise, "The Wealth of Nations," continues to cast a long shadow on economic thought. This book delves into the enduring relevance of Smith's ideas in today's dynamic world, exploring how contemporary perspectives both build upon and challenge his foundational principles. Prepare for a thought-provoking journey as we examine the enduring validity of Smith's emphasis on free trade, division of labor, and market efficiency in a globalized, technology-driven landscape. We'll grapple with the complexities of income inequality, environmental…mehr

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Two centuries since Adam Smith's groundbreaking treatise, "The Wealth of Nations," continues to cast a long shadow on economic thought. This book delves into the enduring relevance of Smith's ideas in today's dynamic world, exploring how contemporary perspectives both build upon and challenge his foundational principles. Prepare for a thought-provoking journey as we examine the enduring validity of Smith's emphasis on free trade, division of labor, and market efficiency in a globalized, technology-driven landscape. We'll grapple with the complexities of income inequality, environmental concerns, and the rising tide of digital disruption, questioning whether Smith's invisible hand can still guide us towards prosperity in the 21st century. This exploration won't shy away from the critical lens through which contemporary economists view Smith's work. We'll delve into critiques of his neglect of social justice, labor exploitation, and environmental externalities. But we'll also celebrate his enduring insights on human motivation, innovation, and the power of markets to drive progress. Ultimately, "Revisiting 'The Wealth of Nations'" is an invitation to engage in a critical dialogue about the future of economic theory and practice. By examining Smith's legacy through a contemporary lens, we can forge new paths towards a more equitable, sustainable, and prosperous future for all.