The Wealth of Nations - Adam Smith - An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist Adam Smith. First published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth and is today a fundamental work in classical economics. Through reflection over the economics at the beginning of the Industrial Revolution the book touches upon such broad topics as the division of labor, productivity, and free markets.

The book presents estimates of total wealth for nearly 120 countries, using economic theory to decompose the wealth of a nation into its component pieces: produced capital, natural resources and human resources. The wealth estimates provide a unique opportunity to look at economic management from a broader and comprehensive perspective. The book's basic tenet is that economic development can be conceived as a process of portfolio management, so that sustainability becomes an integral part of economic policy making. The rigorous analysis, presented in accessible format, tackles issues such as g.

This volume includes her essays on slavery, secession, women's role, and political economy, fully annotated, along with an Introduction by Michael O'Brien, Chair of the Editorial Board of the Southern Texts Society.

Why has our society become so focused on money--and at what human cost? Carol Johnston explores the value assumptions of Western economic theory, revealing what economists contributed and what opportunities were missed as the theory kept narrowing--until only market decisions were considered and money became the only reality. She then offers a proposal to transform the focus of capitalism from wealth to community and national health.