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The Wealth of Nations
Adam Smith
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Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft
Description
Adam Smith's groundbreaking work, The Wealth of Nations, revolutionized the study of economics and remains a cornerstone in the field of political economy. Published in 1776, this seminal text delves into the intricacies of market forces, division of labor, and the role of self-interest in driving economic growth. Smith's authoritative writing style, coupled with his keen observations of human behavior, make this book a timeless classic that continues to shape economic thought today. The Wealth of Nations not only offers valuable insights into the mechanics of commerce but also provides a compelling argument for free-market capitalism as a driver of prosperity and innovation. Smith's detailed analysis of economic systems and policies sheds light on the factors that contribute to a nation's wealth and development. It is a must-read for anyone interested in understanding the foundations of modern economics and the importance of market dynamics in shaping society.
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Free Markets, 18th Century, Classical Economics, Economic Philosophy, Market Liberalism, Capitalist Framework, Division of Labor, Moral Philosophy, Industrial Revolution, Economic Theory