The Wealth of Nations by Adam Smith

The Wealth of Nations by Adam Smith, first published in 1776, is a foundational text in the field of economics, offering profound insights into the principles of free markets, the division of labor, and the nature of wealth. Smith argues that individuals acting in their own self-interest unintentionally promote the public good, as if guided by an “invisible hand.” This revolutionary idea laid the groundwork for classical economics and the study of market dynamics. With detailed analysis of trade, production, and labor,

The Wealth of Nations examines the ways in which economies function and grow, stressing the importance of competition and the role of government in maintaining justice and public order. A timeless classic, Smith’s work remains a touchstone for anyone seeking to understand the forces shaping global economies.