The Wealth of Nations

Author :

Adam Smith

Publisher:

PRINTS PUBLICATIONS PVT LTD

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Publisher	PRINTS PUBLICATIONS PVT LTD
Publication Year	2025
ISBN-13	9789366973913
ISBN-10	9366973914
Binding	Paperback
Number of Pages	1000 Pages
Language	(English)
Dimensions (Cms)	21.5 X 14 X 4.2
Weight (grms)	1052

The Wealth of Nations by Adam Smith, first published in 1776, is a foundational work in economics. In it, Smith explores the principles of free markets, the division of labour, and the role of self-interest in promoting economic prosperity. He argues that individuals acting in their own self-interest unintentionally contribute to the public good through the "invisible hand" of the market. The book laid the groundwork for modern economics, advocating for limited government intervention and the importance of trade and competition.

Adam Smith

Adam Smith (1723–1790) was a Scottish economist and philosopher, widely regarded as the father of modern economics. His seminal work, ‘The Wealth of Nations’ (1776), explores the nature and causes of economic prosperity. Smith introduces key concepts such as the "invisible hand" and the benefits of free markets, advocating for minimal government intervention. His ideas laid the foundation for classical economics, influencing economic thought and policy for centuries, and shaping the development of capitalism in the modern world.