Author | Adam Smith |
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Language | English |
Genre | Economics, philosophy |
Publisher | W. Strahan and T. Cadell, London |
Publication date | 9 March 1776 |
Publication place | Scotland, Kingdom of Great Britain |
Text | The Wealth of Nations at Wikisource |
An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith (1723–1790). First published in 1776, the book offers one of the world's first connected accounts of what builds nations' wealth, and has become a fundamental work in classical economics. This is the first formulation of a comprehensive system of political economy.[1] Reflecting upon economics at the beginning of the Industrial Revolution, Smith addresses topics such as the division of labour, productivity, and free markets.[2][3]