An Inquiry Into the Nature and Causes of the Wealth of Nations. [electronic Resource]; Volume 1 (Paperback) (ISBN-13: 9781176189461)

An Inquiry into the Nature and Causes of the Wealth of Nations, often referred to simply as "The Wealth of Nations," is the magnum opus of Scottish economist and moral philosopher Adam Smith. Originally published in 1776, this foundational work of classical economics explores the mechanisms of wealth creation and economic growth. Volume 1 delves into key concepts such as the division of labor, the role of free markets, and the importance of capital accumulation.

Smith's insights into the workings of a market economy have had a profound and lasting impact on economic thought and policy. His articulation of the 'invisible hand'-the idea that individuals pursuing their self-interest can unintentionally benefit society as a whole-remains a central tenet of free-market economics. This electronic edition offers readers a chance to engage with Smith's original ideas and explore their continuing relevance in the modern world.

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