The Wealth of Nations

In "The Wealth of Nations," Adam Smith lays the groundwork for modern economic theory through a thorough exploration of the nature of commerce, trade, and wealth distribution. Smith's literary style is characterized by a systematic and analytical approach, employing clear prose and compelling arguments that enhance the rigor of his discourse. Written in the context of the burgeoning Industrial Revolution, the text critiques mercantilism while championing free markets and the division of labor, ...