Dr Eamonn Butler of the Adam Smith Institute will be launching his latest book ‘The Condensed Wealth of Nations’ with a drinks reception at the St Stephen’s Club on Thursday 11th August from 18:30 to 20:30.

David Smith, The Sunday Times Economics Editor will be delivering a short speech on the importance of Adam Smith today at the reception. Adam Smith’s The Wealth of Nations is one of the most important books ever written. A classic of political economy, it earned Adam Smith the reputation as the father of modern economics. Smith recognised that economic specialization and cooperation was the key to improving living standards. He changed the way of thinking about trade, commerce and public policy and laid the foundations for the study of economics.Despite this, the book is rarely read today due to its dense and archaic style. In The Condensed Wealth of Nations, Eamonn Butler compacts and explains the key concepts in The Wealth of Nations and makes it accessible to modern readers.

The book also contains a primer on The Theory of Moral Sentiments, Adam Smith’s other great work that explores the nature of ethics.

The book will be on sale at the launch at half price (£5).

If you are interested in attending please RSVP via facebook