View Adam Smith Wealth Of Nations Summary By Chapter Background. His masterpiece the wealth of nations was released in 1776, and was at that time considered very controversial, but it has laid out the groundwork for pretty much all economics since. Having read this wealth of nations summary, we hope you can gain some insights about wealth.

The wealth of nations, which resembles an encyclopedia, is far more than a mere textbook on economics.

Using the example of a pin factory, smith shows how specialisation can boost human productivity enormously. An inquiry into the nature and causes of the wealth of nations, generally referred to by its shortened title the wealth of nations, is the magnum opus of the scottish economist and moral philosopher. The heart of smith's economic philosophy was his belief that the economy would work best if left to function on its. The wealth of nations, which resembles an encyclopedia, is far more than a mere textbook on economics.