The Simple Wealth of Nations by Adam Smith Book 1: Productivity and the Distribution of Revenue

The Simple Wealth of Nations by Adam Smith Book 1 · Pantrypoints Technologies

About this ebook

This book simplifies the sentences in Book 1 of The Wealth of Nations to make it more concise and readable. It optimizes Smith's content by organizing each idea into bullet points with sub-ideas as sub-bullets, all under topic headings, without losing the original idea.

Book 1 introduces the concept of labour or work being the real price of everything, very different from current Economics which sees value in monetary terms only. This price is then made up of the rent of land, the profits of stock, or the wages of labour.

This work is suitable for the general public, but is designed more for students and researchers who want to understand or cite Adam Smith's most important ideas. Chapter 11 is especially useful for farmers and land owners as it discusses the pros and cons of different crops.

About the author

Juan is the founder of Pantrynomics, an alternative economic science derived entirely from Adam Smith and David Hume.

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