The Wealth of Nations (Smith)

*The Wealth of Nations* by Adam Smith, published in 1776, argues that economic prosperity comes from individuals and businesses freely producing and trading goods and services. Smith emphasizes the importance of free markets, competition, and specialization, which encourage innovation and efficiency. He introduces the idea of the "invisible hand," suggesting that when people pursue their own interests, they unknowingly benefit society as a whole through increased wealth and resources. The book advocates limited government interference, advocating instead for a competitive environment where economic growth and individual freedoms flourish.