The Wealth of Nations (An Inquiry into the Nature and Causes of the Wealth of Nations, Book 1) is a business classic and a must-read for all students of economics.
Wealth of Nations is the magnum opus of the Scottish economist Adam Smith, published on March 9, 1776, during the Scottish Enlightenment. It is a clearly written account of political economy at the dawn of the Industrial Revolution, and is widely considered to be the first modern work in the field of economics. The work is also the first comprehensive defense of free market policies. It is broken down into five books between two volumes. The Wealth of Nations was written for the average educated individual of the 18th century rather than for specialists and mathematicians.
There are three main concepts that Adam Smith expands upon in this work that forms the foundation of free market economics: division of labor, pursuit of self interest, and freedom of trade.
Audio Book Chapters:
- Introduction and Plan of the Work, Book 1
- Ch. 01 - The Division of Labor
- Ch. 02 - Of the Principle That Gives Occasion of Division of Labor
- Ch. 03 - That The Division Of Labor Is Limited By The Extent Of The Market
- Ch. 04 - Of the Origin and Use of Money
- Ch. 05 - Of the Real and Nominal Price of Commodities, or of Their Price in Labor, and Their Price in Money, part 1
- Ch 05 - Of The Real And Nominal Price Of Commodities, Or Of Their Price In Labor, And Their Price In Money, part 2
- Ch. 06 - Of The Component Part Of The Price Of Commodities
- Ch. 07 - Of The Natural And Market Price Of Commodities
- Ch. 08 - Of the Wages of Labor, part 1
- Ch. 08 - Of the Wages of Labor, part 2
- Ch. 09 - Of the Profits of Stock
- Ch 10 - Of Wages and Profit in the Different Employments of Labor and Stock, part 1
- Ch 10 - Of Wages And Profit In The Different Employments Of Labor And Stock, part 2
- Ch 10 - Of Wages And Profit In The Different Employments Of Labor And Stock, part 3
- Ch 10 - Of Wages And Profit In The Different Employments Of Labor And Stock, part 4
- Ch. 10 - Of Wages and Profit in the Different Employments of Labor and Stock, part 5
- Ch. 11 - Of the Rent of Land, part 1
- Ch. 11 - Of the Rent of Land, part 2
- Ch. 11 - Of the Rent of Land, part 3
- Ch. 11 - Of the Rent of Land, part 4
- Ch. 11 - Of the Rent of Land, part 5
- Ch. 11 - Of the Rent of Land, part 6
- Ch. 11 - Of the Rent of Land, part 7
- Ch. 11 - Of the Rent of Land, part 8
Audio Music: SungodAbscondo
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