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Home arrow eBook Categories arrow Economics arrow The Wealth of Nations: An Inquiry into the Nature and Causes of the Wealth of Nations

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

Ebook - Economics

ImageBy Adam Smith, 1776, eBook Provided by Pennsylvania State University

An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum opus of the Scottish economist Adam Smith, published in 1776 during the Scottish Enlightenment. It is a clearly written account of political economy at the dawn of the Industrial Revolution, and is widely (if perhaps incorrectly, see below) considered to be the first modern work in the field of economics. The work is also the first comprehensive defense of free market policies. It is broken down into five books between two volumes.

The Wealth of Nations is often mischaracterised and politicised. As with a good number of literary works of this sort, many people are confident in their opinions regarding the author, the work, and the subject matter, yet have never read it. The book was written for the average educated individual of the 18th century rather than for specialists and mathematicians. Thus, the book remains relatively accessible, even for the modern reader.

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