Kansojen Varallisuus by Adam Smith

An Inquiry into the Nature and Causes of the Wealth of Nations

A foundational economic treatise arguing that prosperity stems from the division of labor and free markets, where individuals pursuing their own interests are guided—by what the author calls an “invisible hand”—to promote efficient allocation of resources; it critiques mercantilist policies, defends free trade and competitive markets, explains how specialization raises productivity, and outlines a limited role for government in defense, justice, public works and education along with principles for taxation and public finance.

Published
1776
Nationality
Scottish
Length
Long
Pages
600-1000 pages
Original Language
English
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Alternate Titles
- An Inquiry into the Nature and Causes of the Wealth of Nations
- Der Wohlstand der Nationen
- Kansojen varallisuus
- La richesse des nations
- La riqueza de las naciones

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