An inquiry into the nature and causes of the wealth of nations

An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith
This seminal work explores economic principles like the division of labor, free markets, and competition as drivers of national prosperity. Smith critiques mercantilism and champions individual self-interest and minimal government interference, laying the foundation for modern economic theory and the concept of capitalism.

Adam Smith (1723–1790) was a Scottish economist and philosopher, best known for The Wealth of Nations, foundational to modern economics. He introduced concepts like the "invisible hand" and free markets, advocating for minimal government intervention. His ideas shaped classical economic theory and remain influential in economic policy today.