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The Wealth of Nations
The book that invented modern economics and explained, for the first time, how wealth is actually created.Published in 1776, Adam Smith's Wealth of Nations remains the most important book ever written about money, markets, and prosperity. Every economic policy debate today traces back to arguments Smith first made.The foundational ideas: The division of labor โ why specialization creates explosive productivity...
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The book that invented modern economics and explained, for the first time, how wealth is actually created.
Published in 1776, Adam Smith's Wealth of Nations remains the most important book ever written about money, markets, and prosperity. Every economic policy debate today traces back to arguments Smith first made.
The foundational ideas:
- The division of labor โ why specialization creates explosive productivity
- The invisible hand โ how self-interest creates social benefit
- What creates the wealth of nations โ and what destroys it
- Free trade vs protectionism โ Smith's case that still wins
- The nature of capital, wages, profit, and rent
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- Approximately 1264 pages
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