Vol. 7 — October 2026
Cover of An Inquiry into the Nature and Causes of the Wealth of Nations

An Inquiry into the Nature and Causes of the Wealth of Nations

Adam Smith · English

Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations (1776) is widely regarded as a founding work of modern economics.

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Pagera Editor's Note

Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations (1776) is widely regarded as a founding work of modern economics. All five books are included. Book I explains the division of labour, money, prices, wages, profit and rent; Book II treats capital and its accumulation; Book III traces the growth of wealth in Europe after the fall of Rome; Book IV criticises the mercantile system and examines the agricultural systems of political economy; and Book V considers the expenses and revenue of the state, taxation and public debt. Smith argues that competition and free trade generally increase national wealth more than government restrictions.

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