Name: The Wealth of Nations
Author: Adam Smith

The Wealth of Nations, by Adam Smith

In a world shaped by trade, labor, and emerging markets, Scottish philosopher Adam Smith examines the forces that generate prosperity and economic growth. Through ideas such as the division of labor, free markets, and the “invisible hand,” he explains how individual self-interest can drive collective wealth. The Wealth of Nations is a foundational work of modern economics—exploring productivity, commerce, and the principles that continue to influence global economic thought.

"The Wealth of Nations is probably the most important book that has ever been written, and is certainly the most valuable contribution ever made by a single man towards establishing the principles on which government should be based" — H.T. Buckle, influential 19th-century English historian and philosopher

"In political economy, I think Smith's Wealth of Nations the best book extant" — Thomas Jefferson, principal author of the U.S. Declaration of Independence and third U.S. President

"The Wealth of Nations [is] a work that one contemplates with awe. In keenness of analysis and in its range it surpasses any other book on economics" — Ronald Coase, Nobel Prize-winning British economist

"The Wealth of Nations is the most successful not only of all books on economics but, with the possible exception of Darwin's Origin of Species, of all scientific books that have appeared to this day" — Joseph Schumpeter, influential Austrian-American economist

"There is not a line in The Wealth of Nations that is not still applicable..." — Milton Friedman, Nobel Prize-winning American economist

"Smith was the first to recognize how a market economy can harness self-interest to the common good, leading each individual as though by an invisible hand to promote an end which was no part of his intention” — Paul Krugman, Nobel Prize-winning economist