An Inquiry Into the Nature and Causes of the Wealth of Nations

An Inquiry Into the Nature and Causes of the Wealth of Nations by Adam Smith is a seminal work in the field of economics. Originally published in 1776, it is considered one of the most important books ever written on the subject of economics. The book explores the principles of free market capitalism and the role of government in regulating economic activity. It is divided into five books, each of which covers a different topic related to economics. The first book discusses the division of labor and its impact on productivity, while the second book explores the concept of the market and the forces that drive it. The third book focuses on the role of government in regulating economic activity, while the fourth book discusses the concept of money and its impact on the economy. The final book explores the concept of international trade and its impact on economic growth. Overall, An Inquiry Into the Nature and Causes of the Wealth of Nations is a classic work that continues to influence economic theory and policy to this day. This edition is part of the Harvard Classics series and is the tenth volume in the series.1909. Political economy had been studied long before Adam Smith, but the Wealth of Nations may be said to constitute it for the first time as a separate science. The work was based upon a vast historical knowledge, and its principles were worked out with remarkable sanity as well as ingenuity, and skillfully illuminated by apt illustrations. In spite of more than a century of speculation, criticism, and the amassing of new facts and fresh experience, the work still stands at the best all-round statement and defense of some of the fundamental principles of the science of economics. Contents: Of the Causes of Improvement in the Productive Power of Labor and of the Order According to Which its Produce is Naturally Distributed Among the Different Ranks of the People. Of the Nature, Accumulation, and Employment of Stock. Of the Different Progress of Opulence in Different Nations. Of Systems of Political Economy. Of the Revenue of the Sovereign or Commonwealth.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.