The Wealth of Nations: An Inquiry into the Nature and Causes (Economic Theory Classic)

In 'The Wealth of Nations,' Adam Smith meticulously explores the intricate mechanisms of economic theory and the foundations of modern capitalism. Published in 1776, this seminal work employs a clear and eloquent prose style while delving into concepts such as the division of labor, the role of self-interest in economic transactions, and the importance of free markets. Smith's insights arise from a context marked by the Enlightenment's intellectual rigor, allowing him to challenge mercantil...