The Wealth of Nations — cover

The Wealth of Nations

Adam Smith
The invisible hand, free markets and the division of labor — the birth of modern economics.

Why this book matters

The book that invented capitalism: Adam Smith's The Wealth of Nations, published in 1776, remains the most consequential work in the history of economics.

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The Wealth of Nations
Adam Smith · Chapter I.: Of The Division Of Labour.
Free Audiobook · Chapter I.: Of The Division Of Labour. 0:00 / —

CHAPTER I. OF THE DIVISION OF LABOUR. The greatest improvements in the productive powers of labour, and the greater part of the skill, dexterity, and judgment, with which it is anywhere directed, or applied, seem to have been the effects of the division of…

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Table of contents

  1. Table of ContentsContents
  2. Chapter I.: Of The Division Of Labour.Free
  3. Chapter II.: Of The Principle Which Gives OccasionFree
  4. Chapter III.: That The Division Of Labour IsFree
  5. Chapter IV.: Of The Origin And Use Of Money.Free
  6. Chapter V.: Of The Real And Nominal Price OfFree
  7. Chapter VI.: Of The Component Part Of The Price Of Commodities.Free
  8. Chapter VII.: Of The Natural And Market Price Of Commodities.Free
  9. Chapter VIII.: Of The Wages Of Labour.Free
  10. Chapter IX.: Of The Profits Of Stock.Free
  11. Chapter X.: Of Wages And Profit In The DifferentFree
  12. Chapter XI.: Of The Rent Of Land.Free
  13. chapter into three parts.Free
  14. Chapter I.: Of The Division Of Stock.Free
  15. Chapter II.: Of Money, Considered As A ParticularFree
  16. Chapter III.: Of The Accumulation Of Capital, Or OfFree
  17. Chapter IV.: Of Stock Lent At Interest.Free
  18. Chapter V.: Of The Different Employments Of Capitals.Free
  19. Chapter I.: Of The Natural Progress Of Opulence.Free
  20. Chapter II.: Of The Discouragement Of AgricultureFree
  21. Chapter III.: Of The Rise And Progress Of CitiesFree
  22. Chapter IV.: How The Commerce Of Towns ContributedFree
  23. Chapter I.: Of The Principle Of The Commercial OrFree
  24. Chapter II.: Of Restraints Upon Importation FromFree
  25. Chapter III.: Of The Extraordinary Restraints UponFree
  26. Chapter IV.: Of Drawbacks.Free
  27. Chapter V.: Of Bounties.Free
  28. Chapter VI.: Of Treaties Of Commerce.Free
  29. Chapter VII.: Of Colonies.Free
  30. Chapter VIII.: Conclusion Of The Mercantile System.Free
  31. Chapter IX.: Of The Agricultural Systems, Or OfFree
  32. Chapter I.: Of The Expenses Of The Sovereign Or Commonwealth.Free
  33. Chapter II.: Of The Sources Of The General Or PublicFree
  34. Chapter III.: Of Public Debts.Free

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