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Smith, Adam

An Inquiry Into the Nature and Causes of The Wealth Of Nations (1776)

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An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum opus of the Scottish economist Adam Smith. It is a clearly written account of economics at the dawn of the Industrial Revolution, as well as a rhetorical piece written for the generally educated individual of the 18th century - advocating a free market economy as more productive and more beneficial to society.

The work is credited as a watershed in history and economics due to its comprehensive, largely accurate characterization of economic mechanisms that survive in modern economics, and also for its effective use of rhetorical technique, including structuring the work to contrast real world examples of free and fettered markets.


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