An Inquiry into the Nature and Cause of the Wealth of Nations
Author: Adam Smith. A pioneering economist who developed revolutionary concepts associated with free market economic theory. He argued that rational people, acting in their own self-interest, could create en efficient economic system. He studied in England but was of Scottish decent. He was influenced by the Scottish Enlightenment.
Context: The work was published in 1776. It was published during the beginning of the industrial revolution in response to the outdated economic ideas of the time.… Read the rest here