Who wrote "The Wealth of Nations"?

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"The Wealth of Nations," published in 1776, was authored by Adam Smith. This seminal work laid the foundation for modern economics by introducing key concepts such as the division of labor, the invisible hand of the market, and free-market principles. Smith argued for the benefits of individuals pursuing their self-interest, positing that this would inadvertently benefit society as a whole through economic growth and increased productivity. His insights into how economies function have influenced economic theory and policy for centuries.

The other figures mentioned played significant roles in economic thought but at different times and with different focuses. John Maynard Keynes, for example, is best known for his contributions to macroeconomics in the 20th century, particularly during the Great Depression, while David Ricardo developed theories on comparative advantage and rent. Karl Marx critiqued capitalism and proposed a different economic model altogether. Thus, while all these thinkers are important, it is Adam Smith who is credited with "The Wealth of Nations."

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