EAN: 9788027379651

THE WEALTH OF NATIONS - ADAM SMITH TASCHENBUCH

The Wealth of Nations is the magnum opus of the Scottish economist and moral philosopher Adam
Smith. The book offers one of the world's first collected descriptions of what builds nations'
wealth  and is today a fundamental work in classical economics. By reflecting upon the
economics at the beginning of the Industrial Revolution  the book touches upon such broad
topics as the division of labor  productivity  and free markets. The Wealth of Nations was the
product of seventeen years of notes and earlier works  as well as an observation of
conversation among economists of the time concerning economic and societal conditions during
the beginning of the Industrial Revolution. The result was a treatise which sought to offer a
practical application for reformed economic theory to replace the mercantilist and physiocratic
economic theories that were becoming less relevant in the time of industrial progress and
innovation.

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