Adam Smith, The Wealth of Nation Quotes
A collection of quotes by Adam Smith, The Wealth of Nation.
Adam Smith was a Scottish economist and philosopher born in 1723. He is widely regarded as the father of modern economics due to his groundbreaking work, The Wealth of Nations. Published in 1776, the book emphasized the importance of free markets, division of labor, and self-interest in driving economic growth and prosperity. Smith's theories played a crucial role in shaping economic and political thought, advocating for limited government intervention and supporting the principles of capitalism. His work remains highly influential to this day, making him one of the most important figures in the history of economics.