The Wealth of Nations
Description
The Wealth of Nations is a book by Adam Smith, first published in 1776. Written in the era of profound economic, political, and social change, it laid the groundwork for classical economics and the modern understanding of free markets. Smith’s analysis of labour, productivity, and the division of work shaped the economic thought that would guide industrial societies for generations.
His exploration of trade, taxation, and the role of government remains a cornerstone for readers interested in economic history, political economy, and the origins of capitalism. This landmark work looks closely at how nations grow prosperous, why markets behave as they do, and what conditions allow ordinary people to improve their lives through enterprise and fair exchange.
Readers seeking foundational ideas on supply and demand, market forces, and the structure of commercial society will find an abundance of insight here. With its clear reasoning and sweeping vision, the book continues to influence debates on economic policy, finance, and the enduring relationship between the state and the individual.