An Inquiry into the Nature and Causes of the Wealth of Nations
Adam Smith
11 Key ideas
32 MINS
4.5 (2.3k)
Economics
Want to understand the intricate dance of society's expenses and the economic ballet of supply and demand?
Intrigued by the historical role of the church in education and governance, church-state relations and the evolution of public institutions?
Dive in to explore how societies balance funding essential services with promoting public goods, and how the sovereign's representation matches the country's values and status.
Want to understand the intricate dance of society's expenses and the economic ballet of supply and demand?
Intrigued by the historical role of the church in education and governance, church-state relations and the evolution of public institutions?
Dive in to explore how societies balance funding essential services with promoting public goods, and how the sovereign's representation matches the country's values and status.
Key Ideas
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#1
Is Labour the True Determinant of a Commodity's Value?
01 Jan 1970
02:07
02:07
#2
Decoding Market Dynamics: The Intricate Dance of Supply, Demand, and Economic Stability
01 Jan 1970
02:49
02:49
#3
How Have Historical, Economic, and Technological Factors Shaped Land Rent and Agricultural Productivity?
01 Jan 1970
02:59
02:59
#4
Accumulation of Stock and Capital: The Driving Forces of Economic Prosperity and Progress
01 Jan 1970
03:01
03:01
#5
Did the Rise of Towns and Trade Transform the Medieval Economy?
01 Jan 1970
02:45
02:45
#6
Gold, Cattle, and Commerce: Birth of Modern Economics
01 Jan 1970
02:26
02:26
#7
Did England's Mercantile System Truly Boost National Wealth or Was it a Golden Illusion?
01 Jan 1970
03:13
03:13
#8
From Hunter-Gatherers to Modern Nations: The Evolution of Defense, Justice, and Public Institutions
01 Jan 1970
03:44
03:44
#9
How Can Effective Revenue Generation Foster Economic Growth and Maintain Public Trust?
01 Jan 1970
03:02
03:02
#10
Wealth, Debt, and Power: The Historical Dance of Economic Management
01 Jan 1970
03:14
03:14
#11
Final Recap
01 Jan 1970
03:06
03:06
About Author
Adam Smith was a Scottish economist, philosopher, and author who lived during the 18th century. Widely regarded as the father of modern economics, he is best known for his seminal work "An Inquiry into the Nature and Causes of the Wealth of Nations," often abbreviated as "The Wealth of Nations." Published in 1776, this book laid the foundations for classical economics and introduced key concepts such as the division of labor, the invisible hand, and free market principles. Smith's ideas have had a profound influence on economic thought and policy-making for centuries.
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