An Inquiry into the Nature and Causes of the Wealth of Nations

Description of book

Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations is a groundbreaking work in the field of economics, first published in 1776. The book examines the principles of economics and delves into the mechanisms of capitalism, discussing the division of labor, the role of self-interest, and the invisible hand that guides the market. Smith's writing style is clear, logical, and persuasive, making complex economic theories accessible to the general reader. The Wealth of Nations is considered a foundational text in classical economics and continues to influence contemporary economic thought. Smith's work paved the way for the development of modern economics as a discipline. His insights into free markets and the importance of competition remain relevant to this day. An essential read for anyone interested in understanding the principles of economics and societal wealth.