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Book Review: The Wealth of Nations by Adam Smith

A foundational work in classical economics

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It can be hard for busy professionals to find the time to read the latest books. Stay up to date in a fraction of the time with this concise guide. The Wealth of Nations is one of the most significant works in economics history, and is a foundational text of classical economics. Written at a time when the Industrial Revolution was changing the face of Western societies, the book seeks to explain why some countries are wealthier than others and how a fair, productive society can be created. In particular, Smith¿s advocacy of division of labour, free trade and free markets, with equilibrium gua...