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

Viac o knihe

The book introduces groundbreaking economic theories, detailing principles of labor, supply, and demand. It explores concepts such as division of labor, wealth accumulation, lending, and interest, illustrating how these elements contribute to economic prosperity. Additionally, it presents a robust defense of free-market capitalism, emphasizing its role in fostering national wealth and opulence. Smith's insights laid the foundation for modern economics, making this work a pivotal reference in understanding economic systems.