The Wealth of Nations

by Adam Smith

Number of pages: 1246

Publisher: Bantam

BBB Library: Economics and Investment, Business Classics

ISBN: 978-0553585971

About the Author

Adam Smith FRSA was a Scottish economist, philosopher, and author. He was a moral philosopher, a pioneer of political economy, and was a key figure during the Scottish Enlightenment era.


Editorial Review

The book’s full name is ‘An Inquiry into the Nature and Causes of the Wealth of Nations,’ written by Adam Smith. This book is truly a masterpiece that gives great insights into the world of economics and management. The entire book is made of six books, discussing economics and explaining how it relates to human nature and social dynamics. Due to its extensive detail of how economics and commerce worked under the mercantile system, it is considered as a masterpiece. It also was among the first books that discussed the use of automatic economic system and the role of government in ensuring efficiency through ensuring that there exists justice, education, public works and dignity. Over a century later, the book is still relevant in governance and defining the role of the government. We're discussing books 1, 2, and 3.  

Book Reviews

“The Wealth Of Nations still leaves us with a powerful set of solutions to the worst economic problems that the world can throw at us. The free economy is an adaptable and flexible system, which can withstand the shock of the new, and cope with whatever the future brings.” – Adam Smith Institute

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