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The Wealth of Nations

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Počet stran
834 stránek
Čas čtení
30 hodin

Více o knize

Focusing on the concept of self-interest, the book explores how individual pursuits can lead to societal benefits through the "invisible hand." Written in 1776, it critiques the mercantilist system, which viewed wealth as finite and relied on hoarding precious metals. Smith establishes the principles of classical free market economics, arguing that rational self-interest and competition foster economic growth. This work serves as a foundational text for modern economics, influencing the discipline's development and understanding of market dynamics.

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The Wealth of Nations, Adam Smith

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Rok vydání
2021
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