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The Wealth of Nations. The Theory of Moral Sentiments

Nonfiction | Book | Adult | Published in 1776

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Book Brief

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Adam Smith

The Wealth Of Nations

Nonfiction | Book | Adult | Published in 1776
Book Details
Pages

306

Format

Book • Nonfiction

Setting

Scotland • 18th century

Publication Year

1776

Audience

Adult

Recommended Reading Age

18+ years

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Super Short Summary

In The Wealth of Nations, Adam Smith analyzes the sources of a nation's wealth, advocating for a laissez-faire economic system and critiquing mercantilism. He introduces concepts like gross domestic product, the division of labor, and the efficiency of markets. The book is divided into five sections, each addressing different economic theories and historical contexts, culminating in a discussion on necessary governance costs and taxation.

Informative

Challenging

Contemplative

Reviews & Readership

3.9

305 ratings

71%

Loved it

22%

Mixed feelings

8%

Not a fan

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Review Roundup

Adam Smith's The Wealth of Nations is lauded for its profound impact on economic theory, introducing foundational concepts like the division of labor and the invisible hand. Critics praise its historical significance and comprehensive analysis. However, some note its dense, lengthy prose and occasional outdated viewpoints. Despite this, its relevance to economics remains unchallenged.

Who should read this

Who Should Read The Wealth Of Nations?

A reader who would enjoy Adam Smith's The Wealth of Nations is likely interested in economics, history, and the development of capitalist theory. They might also appreciate Thomas Piketty's Capital in the Twenty-First Century and Karl Marx's Das Kapital for their comprehensive analyses of economic systems.

3.9

305 ratings

71%

Loved it

22%

Mixed feelings

8%

Not a fan

Book Details
Pages

306

Format

Book • Nonfiction

Setting

Scotland • 18th century

Publication Year

1776

Audience

Adult

Recommended Reading Age

18+ years

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