The Wealth of Nations

Author: Adam Smith

Publisher: Prints Publications Pvt Ltd

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Publisher Prints Publications Pvt Ltd
Publication Year 2025
ISBN-13 9789366973913
Binding Paper back
Number of Pages 1000 Pages
Language English
Dimension (Inches) 5.5''*8.5''
Weight (Grams) 1052
Category Fiction

The Wealth of Nations by Adam Smith, first published in 1776, is a foundational work in economics. In it, Smith explores the principles of free markets, the division of labour, and the role of self-interest in promoting economic prosperity. He argues that individuals acting in their own self-interest unintentionally contribute to the public good through the "invisible hand" of the market. The book laid the groundwork for modern economics, advocating for limited government intervention and the importance of trade and competition.

Adam Smith

Adam Smith (1723–1790) was a Scottish economist and philosopher, widely regarded as the father of modern economics. His seminal work, ‘The Wealth of Nations’ (1776), explores the nature and causes of economic prosperity. Smith introduces key concepts such as the "invisible hand" and the benefits of free markets, advocating for minimal government intervention. His ideas laid the foundation for classical economics, influencing economic thought and policy for centuries, and shaping the development of capitalism in the modern world.

                                                                     Contents

Short Account of the Life and Writings of Dr. Adam Smith 7
Short View of the Doctrine of Smith, compared with
that of the French Economists
29
Introduction and Plan of the Work 51

                                                                   BOOK I
                             Of the Causes of Improvement in the Productive Powers of Labour,
                                  and of the Order according to which its Produce is naturally
                                        distributed among the different Ranks of the People

1. Of the Division of Labour 55
2. Of the Principle Which Gives Occasion to the Division of Labour 63
3. That the Division of Labour is Limited by the Extent of the Market 67
4. Of the Origin and Use of Money 72
5. Of the Real and Nominal Price of Commodities,or of their Price in Labour, and their Price in Money 78
6. Of the Component Part of the Price of Commodities 95
7. Of the Natural and Market Price of Commodities 103
8. Of the Wages of Labour 112
9. Of the Profits of Stock 135
10. Of Wages and Profit in the different Employments of Labour and Stock 146
11. Of the Rent of Land 192

                                                               BOOK II
                             
   Of the Nature, Accumulation, and Employment of Stock

Introduction    312
1. Of the Division of Stock 314
2. Of Money, Considered as a particular Branch of the general Stock of the Society, or of the Expense of maintaining the National Capital 322
3. Of the Accumulation of Capital, or of productive and unproductive Labour 368
4. Of Stock lent at Interest 388
5. Of the different Employments of Capital 397

                                                                    BOOK III
                                     
  Of the different Progress of Opulence in different Nations

1. Of the Natural Progress of Opulence 415
2. Of the Discouragement of Agriculture in the ancient State of Europe, after the fall of the
Roman Empire
420
3. Of the Rise and progress of Cities and Towns, after the fall of the Roman Empire 431
4. How the Commerce of Towns contributed to the Improvement of the Country 442

                                                                 BOOK IV
                                               
 Of Systems of Political Economy

Introduction      457

 

1. Of the Principle of the Commercial or Mercantile System 458
2. Of Restraints upon Importation from Foreign Countries of such Goods as can be produced at Home 481
3. Of the Extraordinary Restraints upon the Importation of Goods of almost all kinds, from those Countries with which the Balance is supposed to be disadvantageous 502
4. Of Drawbacks 528
5. Of Bounties 534
6. Of Treaties of Commerce 573
7. Of Colonies 585
8. Conclusion of the Mercantile System 674
9. Of the Agricultural Systems, or of those Systems of Political Economy which represent the Produce of Land as either the sole or the principal Source of
the Revenue and Wealth of every Country
695

                                                               BOOK V

1. Of the Expenses of Sovereign or Commonwealth 724
2. Of The Sources Of The General or Public Revenue of The Society 849
3. Of Public Debts 946
             Appendix 991
             Notes 994

 

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