Skip to content
The Wealth Of Nations
Home
About
Adam Smith
Karl Marx
John Maynard Keynes
Later Economic Schools
FAQs: Common Questions About Smith and his Ideas
The Spread of Smith’s Ideas Globally
The Theory of Moral Sentiments
Rise of Modern Capitalism
About
Wealth of Nations
Book I: Labour, productivity, and Markets
Book II: Capital and Accumulation
Book III: Economic Development
Book IV: Critique of Mercantilism
Book V: Role of Government
Structure Of The Work
Key Ideas At A Glance
Glossary of Key Terms
The “Invisible Hand”
Key Quotes Explained
Importance
of W-of-N
Why It Was Revolutionary
Historical Context (The World Before 1776)
Influence on the Industrial Revolution
The Industrial Revolution Without Adam Smith
Economic
Essentials
Division of Labour
Free Trade vs Protectionism
Taxation Principles
Value (Use vs Exchange)
Why Countries Trade
Productivity and Growth
Limits of Government Intervention
Proper Role of the State
Public Goods and Infrastructure
Self-interest and Exchange
Specialisation
Suggested Reading
SCHOOLS
GATEWAY
Key Quotes Explained
The Wealth Of Nations
Sign up
Log in
Copy shortlink
Report this content
Manage subscriptions
The Wealth Of Nations