Adam Smith's masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's Introduction both clarifies Smith's analyses and illuminates his overall relevance to the world in which we live. As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century—jobs, wages, politics, government, trade, education, business, and ethics." Introduction by Robert Reich - Commentary by R. H. Campbell and A. S. Skinner - Includes a Modern Library Reading Group Guide
Author
For other authors of this name, see Adam Smith. Wealth of Nations (1776) of Scottish political economist and philosopher Adam Smith laid the foundations of classical free-market theory. Despite the unknown exact date, authorities recorded his baptism on 16 June 1723 at Kirkcaldy. This pioneer among the key figures of the Enlightenment authored The Theory of Moral Sentiments . People consider the first modern work of economics as his magnum opus and widely cite this father. https://en.wikipedia.org/wiki/Adam\_Smith
