Adam Smith. The Wealth of Nations

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Uploaded: 03.08.2002
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The name of the great Scotsman Adam Smith still honored by all modern scientists, economists, no matter how different points of view they are not adhered to. The book "The Wealth of Nations" (1776) cost him nine years of complete seclusion and brought glory to the "father of economics".

This book really marks the birth of liberal economic theory. Unlike mercantile system. The Wealth of Nations aims to show all the benefits of natural freedom and competition, which act as an invisible hand and contribute to the rapid and harmonious development of society.

The Wealth of Nations consists of five books, but only the first two of which are the essence of the theoretical construction of Adam Smith.

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