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NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity” “A wildly ambitious work that hopscotches through history and around the world...

The foundation for all modern economic thought and political economy, The Wealth of Nations is the magnum opus of Scottish economist Adam Smith, who introduces the world to the very idea of economics and capitalism in the modern sense of the words.

It was Adam Smith (1723-1790) who first established economics as a separate branch of knowledge, and many would say his work has never been surpassed. The Wealth of Nations, which appeared in 1776, is the definitive text for all who believe that economic decisions are best left to markets, not governments. At the heart of Smith's doctrine is an optimistic view of the effects of self-interest. Though each individual seeks only personal gain, the collective result is increased prosperity, which benefits society as a whole.

The Wealth of Nations, first published in 1776, is the first book of modern political economy and still provides the foundation for the study of that discipline. Along with important discussions of economics and political theory, Smith mixed plain common sense with large measures of history, philosophy, psychology, sociology and much else. Few texts remind us so clearly that the Enlightenment was very much a lived experience, a concern with improving them human condition in practical ways for real people.

North America was settled by people with distinct religious, political, and ethnographic characteristics, creating regional cultures that have been at odds with one another ever since. Subsequent immigrants didn't confront or assimilate into an "American" or "Canadian" culture, but rather into one of the 11 distinct regional ones that spread over the continent each staking out mutually exclusive territory. In American Nations, Colin Woodard leads us on a journey through the history of our fractured continent....

During a career spanning 60 years, the Reverend Billy Graham’s resonant voice and chiseled profile entered the living rooms of millions of Americans with a message that called for personal transformation through God’s grace. How did a lanky farm kid from North Carolina become an evangelist hailed by the media as “America’s pastor”? Why did listeners young and old pour out their grief and loneliness in letters to a man they knew only through televised “Crusades” in faraway places like Madison Square Garden?

This year has seen unprecedented scrutiny of Rupert Murdoch’s empire in Britain. But what about in Australia, where he owns 70 per cent of the press? In Bad News, Robert Manne investigates Murdoch’s lead political voice here, the Australian newspaper, and how it shapes debate. Since 2002, under the editorship of Chris Mitchell, the Australian has come to see itself as judge, jury and would-be executioner of leaders and policies. Is this a dangerous case of power without responsibility?

The Nations of NATO explores national policies within the Atlantic Alliance. It examines the foreign policies of sixteen allies, focusing on issues such as their strategic cultures, relationship with the US, contributions to NATO operations, levels of defense spending, domestic challenges, and decision-making processes. The recent crisis in Ukraine has without doubt reinvigorated NATO as a military alliance, but over the last decade it has also been affected by a number of challenges, both endogenous and exogenous.