The Wealth of Nations

"The Wealth of Nations (Complete Translation of the Bible of Western Economics)" is the most influential representative work of Adam Smith, the "father of modern economics". The book was published in 1776. "The Wealth of Nations (Complete Translation of the Bible of Western Economics)" summarizes the experience of capitalist development in various countries in the early modern period. The criticism absorbed the important economic theories of the time, systematically described the movement process of the entire national economy, established a complete framework for economics, laid the theoretical foundation for a capitalist free economy, and for the first time proposed the theory that the market economy would be self-regulated by the "invisible hand." Its first publication marked the birth of economics as an independent discipline and was the starting point of modern political economics research. Therefore, the book is known as "the first systematic great economics work", "the encyclopedia of economics" and "the Bible of Western economics". For more than 200 years, the task of economists has been to make some repairs to the structure of "The Wealth of Nations", improve and refine its analysis, and basically follow Smith's method to analyze the laws of economic development. At the same time, "The Wealth of Nations" is also a comprehensive work that wonderfully combines economics, political theory, philosophy, history and practical planning. "The Theory of Moral Sentiments" is another extremely influential work on ethics by Adam Smith. Together with "The Wealth of Nations", it is known as the "two invisible hands": the latter is about the hand of the market, which affects the economy; the former is about the hand of ethics, which affects the human heart. In order to help readers better understand the connotation of "The Wealth of Nations" and more comprehensively understand Adam Smith's thoughts, we have attached a classic chapter of "The Theory of Moral Sentiments" with the book.