The Wealth of Nations

By Adam Smith
"The Wealth of Nations" by Adam Smith is a groundbreaking work published in 1776 that explores the principles of economics and the creation of wealth in society. Smith asserts that a nation's prosperity is directly linked to its division of labor and the productivity of its workers. He argues that the free market system leads to efficient resource allocation and economic growth, advocating for minimal government intervention. Smith emphasizes the significance of self-interest and competition as driving forces behind economic progress, cautioning against monopolies and trade restrictions. Through detailed analysis, this influential book remains a cornerstone of economic thought and offers valuable insights into the workings of capitalist societies.
Share This Book 📚