How Long to Read The Wealth of Nature

How Long Does it Take to Read The Wealth of Nature?

It takes the average reader 5 hours and 44 minutes to read The Wealth of Nature by Robert L. Nadeau

Assuming a reading speed of 250 words per minute. Learn more

Description

Virtually all large-scale damage to the global environment is caused by economic activities, and the vast majority of economic planners in both business and government coordinate these activities on the basis of guidelines and prescriptions from neoclassical economic theory. In this hard-hitting book, Robert Nadeau demonstrates that the claim that neoclassical economics is a science comparable to the physical sciences is totally bogus and that our failure to recognize and deal with this fact constitutes the greatest single barrier to the timely resolution of the crisis in the global environment. Neoclassical economic theory is premised on the belief that the "invisible hand"— Adam Smith's metaphor for forces associated with the operation of the "natural laws of economics"—regulates the workings of market economies. Nadeau reveals that Smith's understanding of these laws was predicated on assumptions from eighteenth-century metaphysics and that the creators of neoclassical economics incorporated this view of the "lawful" mechanisms of free-market systems into a mathematical formalism borrowed wholesale from mid-nineteenth-century physics. The strategy used by these economists, all of whom had been trained as engineers, was as simple as it was absurd—they substituted economic variables for the physical variables in the equations of this physics. Strangely enough, this claim was widely accepted and the fact that neoclassical economics originated in a bastardization of mid-nineteenth-century physics was soon forgotten. Nadeau makes a convincing case that the myth that neoclassical economic theory is a science has blinded us to the fact that there is absolutely no basis in this theory for accounting for the environmental impacts of economic activities or for positing viable economic solutions to environmental problems. The unfortunate result is that the manner in which we are now coordinating global economic activities is a program for ecological disaster, and we may soon arrive at the point where massive changes in the global environment will threaten the lives of billions of people. To avoid this prospect, Nadeau argues that we must develop and implement an environmentally responsible economic theory and describes how this can be accomplished.

How long is The Wealth of Nature?

The Wealth of Nature by Robert L. Nadeau is 336 pages long, and a total of 86,016 words.

This makes it 113% the length of the average book. It also has 105% more words than the average book.

How Long Does it Take to Read The Wealth of Nature Aloud?

The average oral reading speed is 183 words per minute. This means it takes 7 hours and 50 minutes to read The Wealth of Nature aloud.

What Reading Level is The Wealth of Nature?

The Wealth of Nature is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Wealth of Nature?

The Wealth of Nature by Robert L. Nadeau is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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