Wealth of Nations (The Wealth of Nations)

*The Wealth of Nations*, written by Adam Smith in 1776, is a foundational economic book that explores how nations build wealth. It explains how free markets, competition, and specialization lead to increased productivity and prosperity. Smith emphasizes the importance of individuals pursuing their self-interest within a fair system, which collectively benefits society. The book advocates for limited government intervention, advocating instead for open trade and transparent commerce as drivers of economic growth. Overall, it provides a pioneering framework for understanding how economies function and the importance of individual enterprise in national prosperity.