The Wealth of Nations

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The Wealth of Nations is Adam Smith’s foundational 1776 treatise on economics that laid the groundwork for classical free-market theory and modern economic thought.

All labels observed (10)

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Statements (48)

Predicate Object
instanceOf book
economic treatise
non-fiction book
alsoKnownAs Wealth of Nations
author Adam Smith
bookNumber Book I: Of the Causes of Improvement in the Productive Powers of Labour
Book II: Of the Nature, Accumulation, and Employment of Stock
Book III: Of the Different Progress of Opulence in Different Nations
Book IV: Of Systems of Political Economy
Book V: Of the Revenue of the Sovereign or Commonwealth
countryOfOrigin Kingdom of Great Britain
followedBy later editions and revisions by Adam Smith
genre economics
political economy
hasNotableExample pin factory illustration of division of labor
historicalContext published in the year of the American Declaration of Independence
historicalSignificance foundational work of classical economics
major influence on economic policy in the 18th and 19th centuries
influenced David Ricardo
John Stuart Mill
Thomas Malthus
classical economics
modern economic thought
keyConcept absolute advantage in trade
capital accumulation
division of labor
invisible hand
labor theory of value
laissez-faire
natural price and market price
productive and unproductive labor
role of self-interest in markets
language English
libraryOfCongressClassification HB161 .S8 1776
numberOfVolumes 2
opposes mercantilism
originalTitle An Inquiry into the Nature and Causes of the Wealth of Nations
philosophicalContext Scottish Enlightenment
placeOfPublication London
linked to: London, England
publicationYear 1776
publisher W. Strahan and T. Cadell
structure 5 books
subject division of labor
free-market economics
international trade
role of government in the economy
taxation
value theory

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Referenced by (19)

Full triples — surface form annotated when it differs from this entity's canonical label.

Age of Enlightenment majorWork The Wealth of Nations
Adam Smith notableWork An Inquiry into the Nature and Causes of the Wealth of Nations
linked to: The Wealth of Nations
The Wealth of Nations originalTitle An Inquiry into the Nature and Causes of the Wealth of Nations
linked to: The Wealth of Nations
The Wealth of Nations bookNumber Book I: Of the Causes of Improvement in the Productive Powers of Labour
linked to: The Wealth of Nations
The Wealth of Nations bookNumber Book II: Of the Nature, Accumulation, and Employment of Stock
linked to: The Wealth of Nations
The Wealth of Nations bookNumber Book III: Of the Different Progress of Opulence in Different Nations
linked to: The Wealth of Nations
The Wealth of Nations bookNumber Book V: Of the Revenue of the Sovereign or Commonwealth
linked to: The Wealth of Nations
The Wealth of Nations alsoKnownAs Wealth of Nations
linked to: The Wealth of Nations
Scottish Enlightenment notableWorkProduced The Wealth of Nations
classical economics hasKeyText The Wealth of Nations
The Theory of Moral Sentiments influenced The Wealth of Nations
The Theory of Moral Sentiments followedBy An Inquiry into the Nature and Causes of the Wealth of Nations
linked to: The Wealth of Nations
W. Strahan and T. Cadell publishedWork "An Inquiry into the Nature and Causes of the Wealth of Nations"
linked to: The Wealth of Nations
John Ramsay McCulloch edited The Wealth of Nations by Adam Smith
linked to: The Wealth of Nations
British Enlightenment notableWork The Wealth of Nations
Age of Reason relatedWork The Wealth of Nations
Adam Smith Award namedAfterWork The Wealth of Nations
Harvard Classics hasPart Volume 10: Wealth of Nations (Selections) by Adam Smith
linked to: The Wealth of Nations