TY  - BOOK
AU  - Adam Smith read by Michael Edward
TI  - The Wealth of Nations
SN  - 9781441745354
U1  - 330.153 SMI 
PY  - 1989///
CY  - [New York]
PB  - Blackstone Audiobooks
KW  - Free enterprise
N2  - 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.''
ER  -