The Wealth of Nations by Adam Smith by Book Summary
I love coffee! Please support my channel with a $5 contribution by buying me a coffee: https://buymeacoffee.com/eneskaraboga Welcome to this 2 minute summary of The Wealth of Nations by Adam Smith! This book, written by the famous Scottish philosopher Adam Smith in 1776, is a foundational text of classical economics. The Wealth of Nations examines the philosophy of economics and is one of the most influential books ever written. In it, Smith explains the concept of the “invisible hand” and how it works to create a balance in the marketplace. He also investigates the principles of division of labor, wages, population growth, international trade, and economic growth. If you’re looking for a quick overview of the book, watch this video to learn the basics!
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