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Wealth of Nations, penned by the renowned economist Adam Smith, is a seminal work that lays the foundation of modern economic theory and philosophy. Initially published in 1776, this comprehensive treatise explores the nature and causes of the wealth of nations, delving into the intricacies of trade, production, and the dynamics of markets.
Smith's narrative unfolds in a systematic and methodical manner, as he examines various economic principles and the role of self-interest in promoting societal welfare. Through a series of insightful arguments, he advocates for free markets and the division of labour, illustrating how individual pursuits can lead to collective prosperity. His exploration of concepts such as the 'invisible hand' of the market remains profoundly influential in both economic thought and policy.
This work is ideal for students of economics, philosophy, and social sciences, as well as anyone interested in the foundational theories that shape modern economic policies. Readers who appreciate Smith's insights may also find value in his other notable works, such as The Theory of Moral Sentiments, which complements his economic theories with a focus on moral philosophy.
"The Wealth of Nations is not merely a book on economics but a profound exploration of human nature and society." — An Enthusiastic Reader
Format: Paperback / softback
Dimensions: × ×
Pages: 1008
Publisher: Wordsworth Editions
ISBN: 9781840226881
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