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The Wealth of Nations

By Adam Smith
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Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
The Wealth of Nations by Adam Smith is a foundational work in classical economics, first published in 1776. It explores how nations achieve economic prosperity through self-interest, the division of labour, and competition, introducing key concepts such as the "invisible hand" that guide free markets. The book delves into themes like labour productivity, value, capital, international trade, and government's economic role, offering a powerful vision that reshaped the world economy.
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Format: Hardback
$7000
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

Ideal for students of economics, history, political science, and philosophy, as well as curious readers keen to understand wealth creation. Business leaders, policymakers, and investors will also find insightful perspectives rooted in the Enlightenment's legacy.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

A cornerstone of classical economics, The Wealth of Nations by Adam Smith remains one of the most influential works ever written on the nature of wealth, free markets, and productivity. First published in 1776, this groundbreaking book examines how nations build economic prosperity, emphasizing the role of self-interest, division of labour, and competition in shaping the modern world.

A powerful vision that reshaped the world economy.

  • Discover the foundational ideas of capitalism and modern economic theory.
  • Delve into themes like labour division, free markets, and the role of government.
  • Explore the concept of the "invisible hand" and its global legacy.
  • A must-read for students of economics, history, political science, and philosophy.
  • Timeless and thought-provoking, an essential addition to any classic collection.

Themes Explored:

  • Free markets and individual self-interest
  • Division of labour and productivity
  • Value, wages, and capital
  • International trade and taxation
  • Government's role in economic regulation

Who Should Read This:

  • Curious minds eager to understand how wealth is created and sustained
  • Economics students seeking clarity on core principles
  • History and philosophy enthusiasts interested in the Enlightenment's legacy
  • Business leaders, policymakers, and investors looking to revisit the roots of economic thought

Book Details

INFORMATION

ISBN: 9789358561623

Publisher: Prakash Books India Private Limited

Format: Hardback

Date Published: 26 June 2023

Country: India

Imprint: Prakash Books India Private Limited

Audience: General / adult

DIMENSIONS

Weight: 250g

Pages: 944

Collections

Adam Smith Education & Reference Finance & Economics Finance & Investment History & Archaeology History & Military Non-Fiction Penguin Books Philosophy & Psychology Philosophy & Stoicism

About the Author

Adam Smith (1723-1790) was a Scottish economist and philosopher. He is widely regarded as the father of modern economics and a key figure in the development of classical economics. Smith's influential ideas on free markets, the invisible hand, and the division of labor laid the foundation for economic theory. His works, including The Wealth of Nations, continue to shape economic thought and policy to this day.

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