Adam Smith
What’s inside
Adam Smith’s seminal work, ‘The Wealth of Nations,’ is a comprehensive treatise on economics, outlining the basis for free market economies.
You’ll Learn
- Understanding foundational economic principles
- Appreciating the historical context of modern capitalism
- Gaining insights into the functioning of market economies
- Critically examining the role of government in economic policy
Key Points
- The Division of Labor
- The Principle of the ‘Invisible Hand’
- Free Markets and Economic Growth
- Criticisms of Mercantilism
- The Role of Self-Interest in Economics
- Government Duties and Public Works
Who’s it For
- Economists
- History Buffs
- Policy Makers
- Students of Economics
About the author
Adam Smith was an 18th-century Scottish economist, philosopher, and author, renowned as the father of modern economics.