Wealth of Nations

The foundation for all modern economic thought and political economy, "The Wealth of Nations" is the magnum opus of Scottish economist Adam Smith, who introduces the world to the very idea of economics and capitalism in the modern sense of the words. Smith details his argument in the following five books: Introduction and plan of the work Part 1 Of the Causes of Improvement in the productive Powers of Labour, and of the Order according to which its Produce is naturally distributed among the different Ranks of the People Chapter 1 Of the Division of Labour Chapter 2 Of the Principle which gives Occasion to the Division of Labour Chapter 3 That the Division of Labour is limited by the Extent of the Market Chapter 4 Of the Origin and Use of Money Chapter 5 Of the real and nominal Price of Commodities, or of their Price in Labour, and their Price in Money Chapter 6 Of the component Parts of the Price of Commodities Chapter 7 Of the natural and market Price of Commodities Chapter 8 Of the Wages of Labour Chapter 9 Of the Profits of Stock Chapter 10 Of Wages and Profit in the different Employments of Labour and Stock Chapter 11 Of the Rent of Land 1. First Period 2. Second Period 3. Third Period 4. First Sort 5. Second Sort 6. Third Sort 7. Conclusion of the chapter Part 2 Of the Nature, Accumulation, and Employment of Stock Chapter 1 Of the Division of Stock Chapter 2 Of Money considered as a particular Branch of the general Stock of the Society, or of the Experience of maintaining the National Capital Chapter 3 Of the Accumulation of Capital, or of productive and unproductive Labour Chapter 4 Of Stock lent at Interest Chapter 5 Of the different Employment of Capitals Part 3 Of the different Progress of Opulence in different Nations Chapter 1 Of the Natural Progress of…