The Wealth of Nations

Adam Smith’s Inquiry into the Nature and Causes of the Wealth of Nations, published in 1776, is a seminal work on political economy and the foundation of the modern market economy. The book is rich in historical background and acute observations of the 18th-century scene. In addition to its economic analysis, Smith’s masterpiece is an insightful work of political philosophy, revolutionary in its concepts including the notion that self-interest stimulates a healthy economic environment for all.