The Wealth of Nations – Adam Smith
The Wealth of Nations
Published in 1776, *An Inquiry into the Nature and Causes of the Wealth of Nations* is a seminal work by Adam Smith. It laid the foundations for classical economics, arguing that free markets, driven by self-interest and competition, lead to greater prosperity than mercantilist policies. Key concepts include the 'invisible hand,' division of labor, and the importance of limited government intervention in economic affairs.
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