The Wealth of Nations by Adam Smith: An Inquiry into the nature of causes

The Wealth of Nations by Adam Smith is the magnum opus of the scottish economist who introduces the world to the very idea of economics and capitalism in the modern sense. The author details his argument in five books: Book I. Of the Causes of Improvement in the productive Power of Labour, Book II. Of the Nature, Accumulation, and Employment of Stock Introduction, Book III. Of the Different Progress of Opulence in Different Nations, Book IV. Of Systems of Political Economy, and Book V. Of the Revenue of the Sovereign or Commonwealth; these books, taken together, form an important text in the field of economics.