The Wealth of Nations
Adam Smith
Publisher: Adam Smith
Summary
The Wealth of Nations by Adam Smith, a moral philosopher and a pioneer. An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith. First published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth and is today a fundamental work in classical economics. Through reflection over the economics at the beginning of the Industrial Revolution the book touches upon broad topics as the division of labour, productivity and free markets. The first edition of the book sold out in six months. Includes 5 Books: Book I: Of the Causes of Improvement in the productive Powers of Labour; Book II: Of the Nature, Accumulation, and Employment of Stock; Book III: Of the different Progress of Opulence in different Nations; Book IV: Of Systems of political Economy; Book V: Of the Revenue of the Sovereign or Commonwealth.