The Wealth of Nations

Name: The Wealth of Nations
Author: Adam Smith

by Adam Smith

Economic masterwork: division of labor, markets, and wealth creation

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About the author

Adam Smith

Scottish philosopher and economist whose The Wealth of Nations founded modern economics by analyzing the division of labor, free markets, and the invisible hand. He is the patron saint of capitalism, though his earlier Theory of Moral Sentiments shows a more complex, sympathetic view of human nature. He was close friends with David Hume.

More by Adam Smith

The Theory of Moral SentimentsMoral philosophy: sympathy and human nature foundation of ethics
Essays on Philosophical SubjectsEssays on astronomy, ancient logic, and philosophical methodology
Lectures on JurisprudenceLectures on justice, property, and legal systems from natural law
The Early Draft of the Wealth of NationsEarly manuscript version of Wealth of Nations with different passages