BOOK SUMMARY OF AN INQUIRY INTO THE NATURE AND CAUSES OF THE WEALTH OF NATIONS
( VOL. 2 )
An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum
opus of the Scottish economist Adam Smith. It is a compelling account of
economics at the dawn of the Industrial Revolution, as well as a rhetorical
piece written for the generally educated individual of the 18th
century—advocating a free market economy as more productive and beneficial to
society. The work is hailed as a watershed in history and economics owing to its
comprehensive, largely accurate characterization of economic mechanisms that
survives in