The Wealth of Nations, also called An Inquiry into the Nature and Causes of the Wealth of Nations, is the main work of the Scottish economist Adam Smith. Originally published in 1776, the book is today a fundamental work in classical economics. By using the Industrial Revolution as a reference, the book addresses broad topics as the division of labour, productivity, and free markets. It presents one of the world's first collected descriptions of what builds nations' wealth. Adam Smith was among the first ones to declare that wealth is created through productive labor, and that self-interest motivates people to put their resources to the best use. He argued that profits flowed from capital investments, and that capital gets directed to where the most profit can be made. Smith was a Scottish economist, a pioneer of political economy, and a key figure during the Scottish Enlightenment. He is also known as "The Father of Economics" or "The Father of Capitalism".

482 pages

Medien	Bücher Gebundenes Buch (Buch mit hartem Rücken und steifem Einband)
Erscheinungsdatum	30. November 2020
ISBN13	9781609425609
Verlag	Iap - Information Age Pub. Inc.
Seitenanzahl	482
Maße	236 × 159 × 32 mm · 848 g
Sprache	Englisch