This essential book takes readers to the Street to learn about the intricacies of money and how the stock market impacts every area of our lives. According to the author, the key to making wise, lucrative investments is knowing ourselves. In witty, easily accessible language, he shares pithy insights about the role of intuition and the psychology of guilt, arguing that there is no substitute for information. Smith’s Irregular Rules shatter common myths and misconceptions, revealing why nothing works all the time and illustrating how greed and fear fuel the market.
Readers will learn about the safest types of investing, the key to following market trends, and how to capitalize growth, gleaning tips on stock movers, winners and losers, and much more. Peppered with entertaining and prescient anecdotes, The Money Game analyzes who makes the really big money and explores the meaning of our desire to become rich. From selling short and buying long to Wall Street’s crowd mentality, from what constitutes a random walk to why timing is everything, this is the definitive portrait of the Street, then and now.
* Beautifully illustrated with images relating to Smith’s life and works
* Concise introductions to the works
* All the published books, with individual contents tables
* Includes rare texts appearing for the first time in digital publishing, including lectures by Smith
* Images of how the books were first published, giving your eReader a taste of the original texts
* Excellent formatting of the texts
* Features two biographies, including Dugald Stewart’s first memoir on the great man
* Scholarly ordering of texts into chronological order and literary genres
Please note: the recently rediscovered LECTURES ON RHETORIC AND BELLES LETTRES cannot appear in this collection due to its copyright status.
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THE THEORY OF MORAL SENTIMENTS
THE ORIGINS OF LANGUAGES
AN INQUIRY INTO THE NATURE AND CAUSES OF THE WEALTH OF NATIONS
ESSAYS ON PHILOSOPHICAL SUBJECTS
LECTURES ON JUSTICE, POLICE, REVENUE AND ARMS REPORTED BY A STUDENT IN 1763
ACCOUNT OF THE LIFE AND WRITINGS OF ADAM SMITH by Dugald Stewart
LIFE OF ADAM SMITH by John Rae
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All Coterie Classics have been formatted for ereaders and devices and include a bonus link to the free audio book.
“Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.” ― Adam Smith, The Wealth of Nations
The Wealth of Nations has influenced economists, politicians and general though for centuries and is an essential look at the nature of wealth and the causes of inequality under a capitalistic system.
Beautiful Brutality is the first book to examine the world of boxing from the perspective of family. With unprecedented access to the likes of the Calzaghes, Mayweathers, Hattons and Khans, Sky Sports boxing expert Adam Smith lays bare the raw emotion at the heart of the sport. How does it feel when your son is taking a pummelling? Can a father make rational judgements from the corner of the ring, in the frenzied atmosphere of a fight? And how much strength does a boxer take from his family, or the family figures that so many trainers and promoters become?
Passionate, hard-hitting and with astonishing revelations about the world of boxing, Beautiful Brutality is written from the heart, by an author with a unique knowledge and experience of the fight game.
According, therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion to the number of those who are to consume it, the nation will be better or worse supplied with all the necessaries and conveniencies for which it has occasion.
But this proportion must in every nation be regulated by two different circumstances: first, by the skill, dexterity, and judgment with which its labour is generally applied; and, secondly, by the proportion between the number of those who are employed in useful labour, and that of those who are not so employed. Whatever be the soil, climate, or extent of territory of any particular nation, the abundance or scantiness of its annual supply must, in that particular situation, depend upon those two circumstances.
The abundance or scantiness of this supply, too, seems to depend more upon the former of those two circumstances than upon the latter. Among the savage nations of hunters and fishers, every individual who is able to work is more or less employed in useful labour, and endeavours to provide, as well as he can, the necessaries and conveniencies of life, for himself, and such of his family or tribe as are either too old, or too young, or too infirm, to go a-hunting and fishing. Such nations, however, are so miserably poor, that, from mere want, they are frequently reduced, or at least think themselves reduced, to the necessity sometimes of directly destroying, and sometimes of abandoning their infants, their old people, and those afflicted with lingering diseases, to perish with hunger, or to be devoured by wild beasts. Among civilized and thriving nations, on the contrary, though a great number of people do not labour at all, many of whom consume the produce of ten times, frequently of a hundred times, more labour than the greater part of those who work; yet the produce of the whole labour of the society is so great, that all are often abundantly supplied; and a workman, even of the lowest and poorest order, if he is frugal and industrious, may enjoy a greater share of the necessaries and conveniencies of life than it is possible for any savage to acquire.