The work is credited as a watershed in history and economics due to its comprehensive, largely accurate characterization of economic mechanisms that survive in modern economics; and also for its effective use of rhetorical technique, including structuring the work to contrast real world examples of free and fettered markets.
The Wealth of Nations, Books 1-3
📄 Viewing lite version
Full site ›
Book Details
Author(s)Adam Smith
PublisherPenguin Books
ISBN / ASIN0140400125
ISBN-139780140400120
Sales Rank1,253,917
MarketplaceUnited States 🇺🇸
Description ▲
An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum opus of the Scottish economist Adam Smith. It is a clearly written account of economics at the dawn of the Industrial Revolution, as well as a rhetorical piece written for the generally educated individual of the 18th century - advocating a free market economy as more productive and more beneficial to society.