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Financial Times Reveals Winner of The Best Business Book of All Time

abstract: The Financial Times last week unveiled the results of an online poll of readers to find the best business book of all time, and the winner, by a wide margin, was The Wealth of Nations, Adam Smith's influential economic treatise published in 1776.

article:

November 03, 2007
"The result coincided with the Financial Times and Goldman Sachs Business Book of the Year Award, which went to The Last Tycoons: The Secret History of Lazard Freres & Co by William D. Cohan (Doubleday). Andrew Hill, Associate Editor of the FT, commented: "One of the measures of greatness in the broad genre of books on business, economics, and finance is that it should stand the test of time. The Wealth of Nations, published more than 200 years ago but still regularly cited, clearly passes that test and is a worthy winner."

Eamon Butler, Director of the Adam Smith Institute and author of the recently published Adam Smith: A Primer (IEA), said he was "delighted" by the result. "It's a book which founded the modern market economy and teaches us the importance of free trade and competition, and the evil of monopoly, cartel and over-expanded government." He added that there had been a renewed focus on the Scottish economist recently, with his appearance on the Bank of England's 20 note and with Gordon Brown, a fellow former resident of Kirkcaldy, having expressed admiration for his writings.

The Wealth of Nations is out-of-copyright and has several publishers including Penguin Classics, which is stickering its current stock and reprinting with the win flagged up on the cover. The full text is freely available on www.adamsmith.org/."--Publishers News Online

Wikipedia Entry: Adam Smith

 

 

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