The Wealth of Nations

By: Adam Smith (1723-1790)

Adam Smith's "The Wealth of Nations" gives an in-depth discussion of different economic principles like the productivity, division of labor and free markets. Although written and published more than 200 years ago, it's still hailed as one of the most original works in the field of economics and is still used as a reference by many modern economists.

Adam Smith was the first economist to make an in-depth analysis about the division of labor, how it affects productivity, and what real price is. He also explained in this book the reasons why he opposed mercantilism, an economic theory which was very popular during that time. Then, he recommended and discussed here why free trade is better for nations. This was one of the first books about economics which advocates free trade. This concept is very important in modern economics and have now been embraced by most of the whole world.

• 00 – Introduction and Plan of the Work, Book 1
• 01 – Ch. 01 – The Division of Labour
• 02 – Ch. 02 – Of the Principle That Gives Occasion of Division of Labour
• 03 – Ch. 03 – That The Division Of Labour Is Limited By The Extent Of The Market
• 04 – Ch. 04 – Of the Origin and Use of Money
• 05 – Ch. 05 – Of the Real and Nominal Price of Commodities, or of Their Price in Labour, and Their Price in Money, part 1
• 06 – Ch. 05 – Of The Real And Nominal Price Of Commodities, Or Of Their Price In Labour, And Their Price In Money, part 2
• 07 – Ch. 06 – Of The Component Part Of The Price Of Commodities
• 08 – Ch. 07 – Of The Natural And Market Price Of Commodities
• 09 – Ch. 08 – Of the Wages of Labour, part 1
• 10 – Ch. 08 – Of the Wages of Labour, part 2
• 11 – Ch. 09 – Of the Profits of Stock
• 12 – Ch. 10 – Of Wages and Profit in the Different Employments of Labour and Stock, part 1
• 13 – Ch. 10 – Of Wages And Profit In The Different Employments Of Labour And Stock, part 2
• 14 – Ch. 10 – Of Wages And Profit In The Different Employments Of Labour And Stock, part 3
• 15 – Ch. 10 – Of Wages And Profit In The Different Employments Of Labour And Stock, part 4
• 16 – Ch. 10 – Of Wages and Profit in the Different Employments of Labour and Stock, part 5
• 17 – Ch. 11 – Of the Rent of Land, part 1
• 18 – Ch. 11 – Of the Rent of Land, part 2
• 19 – Ch. 11 – Of the Rent of Land, part 3
• 20 – Ch. 11 – Of the Rent of Land, part 4
• 21 – Ch. 11 – Of the Rent of Land, part 5
• 22 – Ch. 11 – Of the Rent of Land, part 6
• 23 – Ch. 11 – Of the Rent of Land, part 7
• 24 – Ch. 11 – Of the Rent of Land, part 8