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Hampshire
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Press releases

Press Release

Tuesday 26 June 2007

The Wealth of Nations

Harriman House

New edition of an economics classic

The Wealth of Nations is a treasured classic of political economy. First published in March of 1776, Adam Smith wrote the book to influence a special audience - the British Parliament - and its arguments in the early spring of that year pressed for peace and cooperation with Britain's colonies rather than war.

Smith's message was that economic exploitation, through the monopoly trade of empire, stifled wealth-creation in both home and foreign lands. Moreover, protectionism preserved the status quo, and privileged a few elites at the expense of long run growth.

Harriman House are proud to release a new edition this month, stylishly published in hardback and containing a foreword by George Osborne MP and a notable quotes section by Adam Smith expert, Jonathan B. Wight from The University of Richmond. George Osborne MP writes:

"The Wealth of Nations tells us as much about the world we live in today as the world in which it was written. For me, however, perhaps the most compelling reason why The Wealth of Nations is still relevant today is that to read it is to invite inspiration - a precious commodity in any age.â€

The book was officially launched at The Adam Smith Institute in London on Monday 18 June 2007. Director, Dr Eamonn Butler, commented:

"The Wealth of Nations is just as relevant today as when it was written. So I am delighted to see this handsome new edition. For years I have looked around for a really nice hardback edition without finding one. But this new edition is splendid, the sort of thing I am pleased to have on my shelf, and which would make a fine gift too.â€

He continued: â€œAn enormously useful feature of this edition is the selection of famous quotes at the beginning. Smith's insightful epigrams such as "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest" and his famous remarks on the "invisible hand" can be hard to find in the original, but here they all are, laid out easily and accessibly. There is also a brief guide which explains to the reader what Smith was trying to do in each section of the work, which makes reading it much easier."

The Harriman House edition is the latest version of this classic work. Its publication comes ahead of the unveiling of a landmark monument to Adam Smith next spring. The statue will stand in the heart of Edinburgh - the city he made his home.

Ends

ABOUT THE AUTHOR:

Adam Smith was a Scottish moral philosopher and pioneering political economist and one of the key figures of the intellectual movement known as the Scottish Enlightenment.

He is now depicted on the back of the brand new Â£20 note.

ADDITIONAL INFORMATION:

More details can be found online at: www.harriman-house.com/wealthofnations

For further information on this book or its author, please contact Tom Orchard, or Helen McCusker in the PR department at Harriman House:

Tel: +44 (0)1730 269809
Email: pr@harriman-house.com

Harriman House Ltd, 3A Penns Road, Petersfield, Hampshire, GU32 2EW

The Wealth of Nations

The Wealth of Nations
With a foreword by George Osborne, MP and an introduction by Jonathan B. Wight, University of Richmond
By Adam Smith

Published: 14th June 2007

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Harriman House
3A Penns Road
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Hampshire
GU32 2EW