Journal Detail

Journal 15 – Wealth

December 2005

This issue of the Journal aims to help our readers get a better understanding of how wealth, be it human or financial, can be preserved for future generations; how it can be managed to help its accumulation; and how it can be released.

Almost 230 years after the publication of Adam Smith’s most profound book on the wealth of nations, we see that human capital remains the most important factor input in stimulating economic development. However, there is no doubt that we still have a long way to go before we will have instituted all the wisdom that this great man has bestowed upon our world. It is for this reason that we are proud that the director of the Adam Smith Institute, Dr. Eamonn Butler, has kindly written a special contribution to this issue of the Journal, which is dedicated to the subject of wealth. Assessing how Adam Smith’s wise words of all those years ago can be applied to our world today was a very interesting challenge, and one that Dr. Butler has met with tremendous success.

This issue of the Journal aims to help our readers get a better understanding of how wealth, be it human or financial, can be preserved for future generations; how it can be managed to help its accumulation; and finally, and perhaps most importantly, how it can be released. We have a great number of wonderful articles covering these topics, representing some of the most well known experts in their respective fields.