The Wealth of Nations: Complete Translation

This book proposed a comprehensive and systematic economic theory for the first time in history, laying a solid foundation for the development of the field and the starting point of modern political economics research. It summarizes the theoretical achievements of classical political economics in the formative stage, and is the first to systematically expound the major doctrines of political economics, marking the arrival of the era of liberal capitalism; it advocates free markets and opposes government intervention in monopoly, but does not believe that the business system itself is completely worthy of affirmation; while praising the pursuit of material, it despises the behavior and strategies of businessmen... Its theory laid the theoretical foundation of the capitalist free economy. To this day, "The Wealth of Nations" can still be regarded as the first step in writing using modern economic research methods, and it still plays an important role in economic research. Today, although many of the theories in "The Wealth of Nations" have been broken through by later economists, the research directions and methods established by Smith have far-reaching influence. His prophetic insights and many clear and practical insights can always cause future generations to rethink.