Adam Smith and the Origins of American Enterprise
Subtitle: How America's Industrial Success was Forged by the Timely Ideas of a Brilliant Scots Economist
Publisher: Truman Talley Books
Published: December 1, 2002
Language: eng
Format: Hardcover
Number of pages: 240
ISBN-13: 9780312285524
Subjects: Business & Economics; Business / Economics / Finance; Business/Economics; Economics - Theory; History / United States / General; Entrepreneurship; United States - General; Economic conditions; Free enterprise; History; To 1865; United States
First sentence: In 1718, a twenty-four-year-old Frenchman named Francois Marie Arouet was released from the Bastille, where he had been imprisoned for a year because of satirical ramarks critical of the French monarchy and its harsh system of social justice.
Description: "Adam Smith was a Scottish professor of moral philosophy. He published his classic The Wealth of Nations in 1776, the year the American Revolution began. Smith became widely known for his ideas of free markets, laissez-faire commerce, and the "invisible hand." Yet English politicians, landed gentry, and the nobility paid little attention and enacted none of Smith's suggested reforms.".

"The American colonies, however, began their existence as an independent nation in 1781 with no money, no industry, no banks, and deep in debt. The Founding Fathers - particularly Alexander Hamilton, James Madison, and Benjamin Franklin - turned to the ideas of Adam Smith to create and jump-start an economic system for America with both immediate and long-sustained results." "This little-known but vital part of U.S. history is now revealed in Roy C. Smith's highly readable new book."--BOOK JACKET.