What shapes the economic machinery of nations? "The Wealth of Nations" by Adam Smith is a monumental exploration into this question. This seminal text, first published in 1776, has since shaped the understanding of economics across centuries. Smith unravels the complex workings of an economy, introducing us to concepts such as 'division of labour' and 'invisible hand'. He persuasively argues for free-market economies, asserting their role in fostering wealth and prosperity. This book is not merely a historical artifact but a relevant guide, illuminating economic principles that continue to influence policy and debate. For anyone seeking comprehension of economic theory, Smith's masterpiece is an indispensable resource.
Chapters
33
Books/Sections
6
Difficulty
Beginner
Table of Contents
- Introduction
- BOOK I. OF THE CAUSES OF IMPROVEMENT IN THE PRODUCTIVE POWERS OF LABOUR, AND OF THE ORDER ACCORDING TO WHICH ITS PRODUCE IS NATURALLY DISTRIBUTED AMONG THE DIFFERENT RANKS OF PEOPLE
- BOOK II. OF THE NATURE, ACCUMULATION, AND EMPLOYMENT OF STOCK.
- BOOK III. OF THE DIFFERENT PROGRESS OF OPULENCE IN DIFFERENT NATIONS
- BOOK IV. OF SYSTEMS OF POLITICAL ECONOMY.
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