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An Inquiry into the Nature and Causes of the Wealth of Nations

*An Inquiry into the Nature and Causes of the Wealth of Nations* by Adam Smith is a foundational economic work that explains how nations create wealth. Smith argues that wealth comes from productive work, especially when individuals pursue their own interests, which leads to innovation and efficient resource use. He highlights the importance of free markets, trade, and competition, suggesting that government should focus on maintaining law and order rather than controlling economies. The book explains how voluntary exchange and specialization enhance economic growth, laying the groundwork for modern capitalism and economic thought.