The Theory of Moral Sentiments Adam Smith
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An Inquiry into the Nature and Causes of the Wealth of Nations
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Economy & Business
The Wealth of Nations was written by the eighteenth-century Scotsman Adam Smith, the “father of modern economics.” It is a foundational treatise in economic thought. It discusses the benefits of the division of labor, competition, and trade. It famously argues that, where markets are competitive, an individual pursuing his or her self-interest, is led by “an invisible hand” to advance the public interest.
© 2021 Pharos Books (Ebook): 9789391103033
Release date
Ebook: 11 December 2021
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