“The Wealth of Nations” by Adam Smith revolutionized economic thought and remains a cornerstone of modern economics. In this seminal work, Smith explores the principles of capitalism, arguing that free markets, competition, and self-interest drive economic prosperity. Smith’s insights into the division of labor, the invisible hand of the market, and the role of government intervention continue to shape economic policy and theory to this day.
Through meticulous analysis and compelling arguments, Smith elucidates the mechanisms by which nations generate wealth and prosperity. He emphasizes the importance of individual freedom and entrepreneurship in fostering economic growth, advocating for minimal government interference in economic affairs. Smith’s work laid the groundwork for classical economics and provided the intellectual foundation for the laissez-faire economic policies that would come to dominate much of the 19th and 20th centuries.
“The Wealth of Nations” remains essential reading for anyone interested in understanding the principles of economics and the workings of free-market capitalism. Smith’s timeless insights into human behavior, markets, and government intervention continue to influence economists, policymakers, and business leaders, underscoring the enduring relevance of his ideas in today’s global economy.
Numbered Audiobooks: 1,000
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Number of 1:1 Covers: 98
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Publisher : Book.io
First Publication Date : 1776
Author : Adam Smith
Narrator : Stephen Escalera
Duration : 9h 3m 9s
Format : DEA (Decentralized Encrypted Asset)
Read On : Book.io eReader dApp
Cover Art : Includes 4K hi-resolution book cover
Cardano Retail Price : 30
Cardano Discount Price : 27 , for wallet holding Alice's Adventures in Wonderland Audiobook
Purchase Limit: 10
Cardano Policy ID : e0cd20b82de1ea9f88d8c89d55fd64a373d8ee8779b756d6e52694e8
Adam Smith (1723-1790), a Scottish philosopher and economist, stands as one of the most influential figures in the history of economic thought. Born in Kirkcaldy, Scotland, Smith's seminal work, "The Wealth of Nations," revolutionized the way society understood economics and laid the groundwork for modern capitalism. Published in 1776, this magnum opus explores the principles of free-market economics, division of labor, and the invisible hand theory, shaping economic discourse for centuries to c… Read More
“The Wealth of Nations” by Adam Smith revolutionized economic thought and remains a cornerstone of modern economics. In this seminal work, Smith explores the principles of capitalism, arguing that free markets, competition, and self-interest drive economic prosperity. Smith’s insights into the division of labor, the invisible hand of the market, and the role of government intervention continue to shape economic policy and theory to this day.
… Read More