An Inquiry into the Nature and Causes of the Wealth of Nations, commonly known as The Wealth of Nations, was written by the Scottish economist and moral philosopher Adam Smith.

Quick Scoop

  • The full title of the work is An Inquiry into the Nature and Causes of the Wealth of Nations.
  • It was first published in 1776 and is considered Adam Smith’s magnum opus in economics.
  • The book laid foundational ideas for classical economics and is a key reason Smith is often called the “father of economics.”

Why this book matters

  • It systematically explored how nations generate wealth, emphasizing labor, productivity, and markets.
  • Concepts such as division of labor and free markets remain central in economic thinking today.

Information gathered from public forums or data available on the internet and portrayed here.