The Wealth of Nations

The classic economic treatise that inspired Thomas Piketty’s Capital in the Twenty-First Century

With this landmark treatise on political economy, Adam Smith paved the way for modern capitalism, arguing that a truly free market – fired by competition yet guided as if by an ‘invisible hand’ to ensure justice and equality  – was the engine of a fair and productive society. In Books IV-V, Smith offers his considered response to the French Physiocrats and assesses the nature of the mercantile system.

The Wealth of Nations (Books I-III) are also published in Penguin Classics.

For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,700 titles, Penguin Classics represents a global bookshelf… Keep Reading