ca.1880 Smith's Wealth of Nations

Notes

The Wealth of Nations, written by Adam Smith and first published in 1776, is a foundational work in economics and a key text in the development of modern capitalism. Officially titled An Inquiry into the Nature and Causes of the Wealth of Nations, the book explores how nations build wealth through economic practices like division of labor, free markets, and competition. Smith introduces the concept of the "invisible hand," suggesting that individuals pursuing their own self-interest can inadvertently contribute to the overall economic prosperity of society. The work is celebrated for its insights into economic theory and its influence on economic policies and thought.

Description

Navy leather with gold embosssed "prize binding" of the "Oxford Local Examinations" crest on front; with ornate gold embossing on spine, maroon title label on spine