The Wealth of Nations
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An Inquiry into the Nature and Causes of the Wealth of Nations, usually referred to by its shortened title The Wealth of Nations, is a book by Scottish economist and moral philosopher Adam Smith. Publ
Title-page of the 1776 London edition
Bust of Smith in the Adam Smith Theatre, Kirkcaldy
Edward Gibbon praised The Wealth of Nations.
Charles James Fox was the first person to mention The Wealth of Nations in Parliament.
Great Divergence
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The Great Divergence or European miracle is the socioeconomic shift in which Western Europe along with former settler colonies in Northern America and Australasia overcame pre-modern growth constraint
The Wealth of Nations
…of a comprehensive system of political economy". Smith radically transformed economic thought, laying the foundations for policies that would produce unprecedented increases in productivity and wealth. By the eighteenth century, much of the emerging world economy was dominated by the feudal and mercantilist institutions of the European powers. In…
The Cathedral of Notre-Dame de Paris, begun in 1163 and largely completed by 1260
Detail of a portrait of Cardinal Hugh of Saint-Cher (wearing spectacles), painted by Tommaso da Modena in 1352
The distribution of coal deposits shaped industrial development in Britain.
Courtyard of the Amsterdam Stock Exchange, circa 1670