Wealth of Nations Book Reviews

Wealth of Nations by Adam Smith & RMB Book Summary

The foundation for all modern economic thought and political economy, "The Wealth of Nations" is the magnum opus of Scottish economist Adam Smith, who introduces the world to the very idea of economics and capitalism in the modern sense of the words. Smith details his argument in the following five books:

Introduction and plan of the work

Part 1 Of the Causes of Improvement in the productive Powers of Labour, and of the Order according to which its Produce is naturally distributed among the different Ranks of the People

Chapter 1 Of the Division of Labour
Chapter 2 Of the Principle which gives Occasion to the Division of Labour
Chapter 3 That the Division of Labour is limited by the Extent of the Market
Chapter 4 Of the Origin and Use of Money
Chapter 5 Of the real and nominal Price of Commodities, or of their Price in Labour, and their Price in Money
Chapter 6 Of the component Parts of the Price of Commodities
Chapter 7 Of the natural and market Price of Commodities
Chapter 8 Of the Wages of Labour
Chapter 9 Of the Profits of Stock
Chapter 10 Of Wages and Profit in the different Employments of Labour and Stock
Chapter 11 Of the Rent of Land
1. First Period
2. Second Period
3. Third Period
4. First Sort
5. Second Sort
6. Third Sort
7.

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Wealth of Nations (Adam Smith & RMB) Book Reviews 2024

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