by Adam Smith · Prisa Innova · tapa dura · ISBN 9788492482153
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The Wealth of Nations is a magnum opus by Adam Smith, published in 1776. This book is a detailed analysis of political economy and is considered one of the most influential works in the history of economic thought. Smith explores the division of labor, productivity, markets, and capital accumulation, laying the foundations of modern economic liberalism. This hardcover edition from Prisa Innova offers a careful presentation of this essential classic.
Adam Smith was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by many as the "father of economics", or the "father of capitalism", he is primarily known for two classic works: The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is regarded as his magnum opus, marking the inception of modern economic scholarship as a comprehensive system and an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of divine will and instead appeals to natural, political, social, economic, legal, environmental and technological factors, as well as the interactions among them. The work is notable for its contribution to economic theory, particularly in its exposition of the concept of absolute advantage.
