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Wealth of Nations
by Adam Smith · 1776
★★★★★Editor's Pickadvanced
The book that launched economics as a discipline, and the foundational text of free-market thought. Smith's concept of the invisible hand — that individuals pursuing their self-interest unintentionally promote the public good — remains the most powerful insight in all of social science.
★ Why We Recommend It
This is one of the most important works in the liberty tradition — essential for any serious student of free markets and individual rights.
Best For:Advanced studentsSerious scholarsGraduate reading
★ Key Takeaways
What You'll Learn from Wealth of Nations
- 1This work offers rigorous analysis of its subject from a liberty-oriented perspective.
- 2The author builds a systematic argument from first principles.
- 3The implications for policy and practice are far-reaching.
- 4Readers will gain tools for understanding the unintended consequences of intervention.
- 5Essential reading for anyone serious about the ideas of freedom.
★ About the Author
Adam Smith
Adam Smith (1723–1790) was a Scottish moral philosopher and pioneer of political economy. His Wealth of Nations (1776) launched the discipline of economics and remains the founding text of the liberal market tradition.
★ Meet the Author
Watch: Adam Smith
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