Wealth of Nations

Wealth of Nations is the cornerstone of modern economics and capitalism. Smith analyzes how markets function through the principles of self-interest, competition, and division of labor. He argues that individual pursuit of profit, when left free from excessive regulation, can lead to societal wealth and prosperity. The book laid the foundation for understanding economic systems and the invisible forces that guide commerce.

What I found most insightful is Smith’s balancing act between individual freedom and the broader social good. His ideas still spark debates on the role of government, markets, and inequality.

Books to continue this path:

• The Theory of Moral Sentiments, Adam Smith