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March 21, 2012
BOOK ONE OF THE CAUSES OF IMPROVEMENT IN THE PRODUCTIVE POWERS. OF LABOUR, AND OF THE ORDER ACCORDING TO WHICH ITS. PRODUCE IS NATURALLY DISTRIBUTED AMONG THE DIFFERENT RANKS OF THE PEOPLE. CHAPTER I ——————————————————————————– Of the Division of Labour THE greatest improvement in the productive powers of labour, and the greater part of the […]
March 21, 2012
by Adam Smith – 1776 Adam Smith founded the science of political economy when he published An Inquiry into the Nature and Causes of the Wealth of Nations in 1776. So significant were the effects of this book on the modern world that it has been described as one of the most important ever written. […]
March 21, 2012
by Edward R. Gibbons The Decline & Fall of the Roman Empire was first published in 1787. It has been the classic history of the Roman Empire which still stands to this day as an unsurpassed accomplishment. Here you will find the complete original edition, in all six volumes. Volume 1 Volume 2 Volume 3 Volume 4 […]
March 20, 2012
The History of Financial Panics By Martin A. Armstrong Throughout time, the economy of mankind has swung back and forth between some fantastic periods of prosperity and deep dark depressions. It is our failure to understand this mechanism that often drives the politics of the world also between two extremes of totalitarian regimes and communism […]