The Documents

Business and Ethics

Inquiry into the Nature and Causes of the Wealth of Nations

Inquiry into the Nature and Causes of the Wealth of Nations

Inquiry into the Nature and Causes of the Wealth of Nations, title page
of the first edition.

Short Description

The Wealth of Nations is the first and greatest classic of modern economic thought. It contains many specific references to America, including information concerning trade before the Industrial Revolution, and offers a clear and convincing argument against the so-called “Mercantile System.” The publication advocates a free-market economy as more beneficial to society.

REmnant Trust Description

Smith’s cornerstone of political economy contains many specific references to America, including a great mass of information concerning the trade of this country, before the revolution, and a clear and convincing argument against the so-called ‘Mercantile System’ which did so much to prepare the way for that event... Prof. J.E. Thorold Rogers has recorded his opinion that ‘had Adam Smith’s work been printed in the early days of the struggle, his theory of colonial policy would have very much aided in smoothing the differences between the Plantations and Great Britain. The Wealth of Nations is... the first and greatest classic of modern economic thought.