The Wealth of Nations

Written by: Adam Smith

Other Works Read by Smith: The Theory of Moral Sentiment

Synopsis

The Wealth of Nations, by Adam Smith, is a work in the field of economics. Published in 1776, it laid the groundwork for modern economic theory and remains a integral component of capitalist ideology. Here Smith explores the principles of free-market capitalism, division of labor, and the invisible hand, advocating for minimal government intervention in economic affairs.

Big Ideas

References Used

Smith, Adam. The Wealth of Nations. 1776.