A <a href="https://www.sothebys.com/en/buy/luxury/books-&amp;-manuscripts/book?Book%20Subject=Fine%2520bindings" rel="noopener noreferrer" target="_blank">finely bound</a> edition of <a href="https://www.sothebys.com/en/search?query=Adam%20Smith&amp;tab=objects&amp;sortBy=bsp_dotcom_prod_en" rel="noopener noreferrer" target="_blank">Adam Smith</a>'s The Wealth Of Nations.<ul><li>Sold as a set of 3 volumes.</li><li>Adam Smith (Scottish).</li><li>An Inquiry into The Nature and Causes of The Wealth of Nations.</li><li>London: J. Maynard and others, 1811.</li><li>Octavos.</li><li>Original polished-calf boards, re-spined to style with gilt rules, burgundy leather title labels, floral tooling.</li></ul> Smith's monumental work in attractive nineteenth century boards. Reputedly stolen by Gypsies at the age of three, Smith grew up to become one of the pillars of the Scottish Enlightenment, winning fame as a moral philosopher as well as an economist. In The Wealth of Nations, Smith laid the intellectual foundations for a liberal free-market society, and in so doing revolutionized the understanding of how societies, governments, and markets interact. He always insisted, from The Theory of Moral Sentiments onwards, that the 'invisible hand of the market' would regulate capitalist impulses and channel excessive behavior into productive and beneficent projects. The Wealth of Nations further addresses questions of sovereignty of colonies, the origins of coinage, and the concept of credit, all of which would have a profound influence on the germinating United States of America, which declared independence in July 1776, the same year that Smith's work was first published.

The Wealth Of Nations

A <a href="https://www.sothebys.com/en/buy/luxury/books-&amp;-manuscripts/book?locale=en&amp;Book%20Subject=Fine%2520bindings" rel="noopener noreferrer" target="_blank">finely bound</a> second edition of <a href="https://www.sothebys.com/en/search?query=The+Wealth+of+Nations&amp;pfilters.dateRange=upcoming" rel="noopener noreferrer" target="_blank">The Wealth of Nations</a> by <a href="https://www.sothebys.com/en/search?query=Adam+Smith&amp;pfilters.dateRange=upcoming" rel="noopener noreferrer" target="_blank">Adam Smith</a>.<ul><li>Sold as a set of 2 volumes.</li><li>Adam Smith (Scottish).</li><li>London: Printed for W. Strahan and T. Cadell, 1778.</li><li>Part of an edition of 500.</li><li>Quarto.</li><li>viii, 510; [viii], 589, [1] pages.</li><li>Half title to volume II as issued.</li><li>Bound in contemporary tree calf, contrasting Morocco lettering pieces and volume labels to spine.</li></ul> The scarce second edition of Adam Smith's masterpiece, the 'first and greatest classic of modern economic thought.' Smith spent ten years writing and perfecting The Wealth of Nations, the popularity of which surpassed even its publisher's expectations upon release and soon led to the preparation and publication of this second edition. Only 500 copies were printed, and this edition was the last to be issued in an expensive quarto format, priced at £2 2s. As the title explains, the work is fundamentally an investigation into what makes certain nations prosperous. Smith's originality lies in locating the roots of this comparative wealth in the specialization of labor which had occurred in developed economies, for the 'annual labor of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always, either in the immediate produce of that labor, or in what is purchased with that produce from other nations.'

An Inquiry into the Nature and Causes of the Wealth of Nations Second Edition

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