The Wealth of Nations

The Wealth of Nations, published in 1776, was the first book to attempt to explain the history of European industry and commercial development. This book made a great contribution to the creation of the field of economics. It made economics an independent discipline and provided the theoretical basis for modern free trade, capitalism and libertarianism, which greatly influenced subsequent generations of economists. It is known as "the 'Bible' of Western Economics" and "Encyclopedia of Economics" and is a must-read book for introductory economics. "The Wealth of Nations" summarizes the experience of capitalist development in the early modern period, and on the basis of criticizing and absorbing the relevant important economic theories at that time, it makes a detailed and incisive discussion in terms of labor, division of labor, exchange, currency, commodity prices and the basic elements that constitute prices, and provides a systematic and clear description of the entire national economic operation process. This book has selected and translated the most essential parts of "The Wealth of Nations" by an academic authority on Adam Smith, retaining the author's complete theoretical system and accompanied by a translator's introduction. Wu Xiaobo wrote an exclusive character preface, showing the writing process of this great originator of economics. At the same time, a large number of exquisite illustrations are added, and the pictures and texts are combined to make it the most suitable version for public reading.