The Wealth of NationsWith this landmark treatise on political economy, Adam Smith paved the way for modern capitalism, arguing that a truly free market was the engine of a fair and productive society. Books I III of The Wealth of Nations examine the "division of labour" as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money, the importance of wages, profit, rent, and stocks. Smith's work laid the
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