Adam Smith's masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's new Introduction for this edition both clarifies Smith's analyses and illuminates his...

How do we decide what is "good" and what is "bad"? According to the ethical theory of Utilitarianism, to do good is to "always perform that act, of those available, that will bring the most happiness or the least unhappiness." By far the most widely read introduction to this theory, John Stuart Mill's Utilitarianism is one of the most important and controversial works of moral philosophy ever written. In this major contribution to ethical history,...

In classrooms Arthur M. Okun may be best remembered for Okun?s Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in...

The author blends historical narrative with a topical approach and discusses such aspects of the theory as measurement, total value, and imputation. Originally published in 1965. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting...

The Wealth of Nations is a powerhouse of knowledge that was first published in 1776. Adam Smith was an astute Scottish professor of moral philosophy, and he expounded the revolutionary doctrine of his time to economic liberalism. The importance of the book was almost immediately recognized by his peers who admired his thought and progressive ideas. The Wealth of Nations is comprised of five volumes/books in one. Perfect for class study or improving...

"One of Choice's Outstanding Academic Titles for 2009" Robert C. Ellickson is the Walter E. Meyer Professor of Property and Urban Law at Yale Law School. His books include Order without Law: How Neighbors Settle Disputes. Some people dwell alone, many in family-based households, and an adventuresome few in communes. The Household is the first book to systematically lay bare the internal dynamics of these and other home arrangements. Legal underpinnings,...

"A biography of the American economist Milton Friedman"-- Milton Friedman's work was instrumental in the turn toward free markets that defined the 1980's, and his defenses of capitalism and freedom resonated with audiences around the world. Burns tells his extraordinary story, providing context for his groundbreaking work on everything from why dentists earn less than doctors, to the causes of the Great Depression, to the vital importance of the...

"In 'How the World Ran Out of Everything,' . . . journalist Peter S. Goodman reveals the fascinating innerworkings of our supply chain and the factors that have led to its constant, dangerous vulnerability. His reporting takes readers deep into the elaborate system, showcasing the triumphs and struggles of the human players who operate it--from factories in Asia and an almond grower in Northern California, to a group of striking railroad workers in...