The Wealth of Nations by Adam Smith
This influential economic book presents a groundbreaking theory that argues for free market economies. The author posits that individuals acting in their own self-interest within a system of natural liberty will result in societal benefit, a concept often referred to as the "invisible hand" theory. The book also critiques mercantilism and explores concepts such as the division of labor, productivity, and free markets. It is widely considered one of the foundational texts in the field of economics.
The 425th greatest book of all time
- Published
- 1776
- Nationality
- Scottish
- Type
- Nonfiction
- Pages
- 900-1100
- Words
- 950,000
- Original Language
- English
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This book is on the following lists:
- 50 Greatest Books of All Time (Globe and Mail)
- The 100 Most Influential Books Ever Written (Martin Seymour-Smith)
- Books That Changed the World: The 50 Most Influential Books in Human History (Book)
- Masterpieces of World Literature (Frank N. Magill)
- Books That Changed the World (Book)
- The 100 Best Books in the World (AbeBooks.de (in German))
- The 100 Best Nonfiction Books of All Time (The Guardian)
- Inteliquest's World's 100 Greatest Books of All-Time (InteliQuest)
- The 50 Most Influential Books of All Time (Open Education Database)
- John Lubbock, The Choice of Books (1896) (The Choice of Books (Book))
- Twenty Books that Changed the World (The Guardian)
- 101 of the World's Greatest Books (1950) (101 of the World's Greatest Books (Book))